Dick’s Sporting Goods Inc (DKS)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 10,458,700 | 9,311,750 | 9,311,750 | 8,992,200 | 8,992,200 |
| Total stockholders’ equity | US$ in thousands | 3,198,260 | 2,617,280 | 2,617,280 | 2,524,620 | 2,524,620 |
| Financial leverage ratio | 3.27 | 3.56 | 3.56 | 3.56 | 3.56 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $10,458,700K ÷ $3,198,260K
= 3.27
The financial leverage ratio of Dick's Sporting Goods Inc has remained relatively stable over the past few years, standing at 3.56 as of January 28, 2023, and maintaining the same level as of February 3, 2024. This indicates that the company relies on debt financing to a significant extent, with a ratio of 3.56 times its equity. However, there was a slight decrease in the financial leverage ratio to 3.27 as of January 31, 2025, which suggests a possible reduction in the company's reliance on debt or an increase in equity. Overall, the consistent ratio implies a consistent level of financial risk associated with the company's capital structure.
Peer comparison
Jan 31, 2025