Dick’s Sporting Goods Inc (DKS)
Debt-to-equity ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 0 | 0 | 0 | 0 | 58,271 | 152,006 | 368,478 | 466,026 | 449,287 | 441,186 | 433,456 | 425,799 | 418,500 | 411,256 | 404,573 | 1,827,120 | 224,100 | 719,300 | 441,500 | 369,500 |
| Total stockholders’ equity | US$ in thousands | 2,617,280 | 2,384,700 | 2,644,360 | 2,674,170 | 2,524,620 | 2,377,170 | 2,173,510 | 2,194,610 | 2,101,590 | 2,530,820 | 3,005,380 | 2,598,720 | 2,339,530 | 2,121,640 | 1,930,300 | 1,672,020 | 1,731,600 | 1,708,900 | 1,765,090 | 1,826,040 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.06 | 0.17 | 0.21 | 0.21 | 0.17 | 0.14 | 0.16 | 0.18 | 0.19 | 0.21 | 1.09 | 0.13 | 0.42 | 0.25 | 0.20 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $0K ÷ $2,617,280K
= 0.00
The debt-to-equity ratio of Dick’s Sporting Goods Inc has shown fluctuations over the past few reporting periods. The ratio was consistently low and stable at 0.00 from February 3, 2024, to April 29, 2023. However, there was a slight increase to 0.02 on January 28, 2023, indicating a small amount of debt relative to equity.
The ratio then increased to 0.06 on October 29, 2022, and continued to rise to 0.21 by January 29, 2022. This suggests a moderate increase in debt compared to equity during these periods.
The trend reversed slightly as the ratio decreased to 0.14 on October 30, 2021, and then fluctuated around 0.20 in subsequent periods until May 4, 2019. Notably, there was a significant spike to 1.09 on August 1, 2020, indicating a significant increase in debt relative to equity during that period.
Overall, Dick’s Sporting Goods Inc has maintained a relatively low debt-to-equity ratio, with occasional fluctuations indicating changes in the company's financial leverage. Investors and stakeholders should continue to monitor these trends to assess the company's financial health and risk management strategies.
Peer comparison
Feb 3, 2024