Dick’s Sporting Goods Inc (DKS)

Financial leverage ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Apr 30, 2024	Feb 3, 2024	Jan 31, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022	Apr 30, 2022	Jan 31, 2022
Total assets	US$ in thousands	10,458,700	10,451,800	9,935,960	9,705,000	9,311,750	10,164,800	9,282,330	9,282,330	9,357,360	9,357,360	9,107,810	9,107,810	8,992,200	8,992,200	8,956,600	8,956,600	9,065,280	9,065,280	9,219,800	9,041,680
Total stockholders’ equity	US$ in thousands	3,198,260	3,063,380	2,924,880	2,687,270	2,617,280	2,617,280	2,384,700	2,384,700	2,644,360	2,644,360	2,674,170	2,674,170	2,524,620	2,524,620	2,377,170	2,377,170	2,173,510	2,173,510	2,194,610	2,101,590
Financial leverage ratio		3.27	3.41	3.40	3.61	3.56	3.88	3.89	3.89	3.54	3.54	3.41	3.41	3.56	3.56	3.77	3.77	4.17	4.17	4.20	4.30

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 shown a gradual decrease from 4.30 as of January 31, 2022, to 3.27 as of January 31, 2025. This indicates that the company has been reducing its reliance on debt over the analyzed period. A lower financial leverage ratio suggests that the company is using less debt to finance its operations, which may lead to lower financial risk and greater financial stability. Overall, the trend towards a lower financial leverage ratio is a positive sign for the financial health of Dick’s Sporting Goods Inc.

Peer comparison

Jan 31, 2025

Company name

Symbol

Financial leverage ratio

Dick’s Sporting Goods Inc

DKS

3.27

Academy Sports Outdoors Inc