Dick’s Sporting Goods Inc (DKS)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.02 | 0.00 | 0.04 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.06 | 0.00 | 0.14 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.00 | 0.06 | 0.00 | 0.17 | 0.00 | 0.00 |
| 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 |
Dick’s Sporting Goods Inc has maintained a consistently low debt-to-assets ratio, with the ratio fluctuating between 0.00% and 0.04% over the past few years. This indicates that the company has a low level of debt relative to its total assets.
In terms of the debt-to-capital ratio, the company has shown variations but generally stayed at low levels, ranging from 0.00% to 0.14%. This suggests that Dick’s Sporting Goods Inc relies more on equity financing rather than debt to fund its operations and investments.
Similarly, the debt-to-equity ratio has been minimal, hovering between 0.00% and 0.17%. The low debt-to-equity ratio reflects that the company is not highly leveraged and has a strong equity base compared to its debt.
The financial leverage ratio, which indicates the level of debt relative to equity, has shown a decreasing trend over the period analyzed, declining from 4.30 to 3.27. This signifies a reduction in the company's reliance on debt financing to support its business activities.
Overall, based on the solvency ratios analyzed, Dick’s Sporting Goods Inc appears to have a conservative capital structure, with a low level of debt and strong financial stability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 28.70 | 27.20 | 28.37 | 24.63 | 23.39 | 22.76 | 21.00 | 21.79 | 22.44 | 21.13 | 19.97 | 16.93 | 14.80 | 14.91 | 15.26 | 15.60 | 14.49 | 16.14 | 18.20 | 22.73 |
Based on the provided data, Dick's Sporting Goods Inc has demonstrated a generally strong interest coverage ratio over the reported periods. The interest coverage ratio indicates the company's ability to meet its interest obligations with its earnings before interest and taxes (EBIT). Higher ratios signify a stronger ability to cover interest expenses.
The interest coverage ratio for Dick's Sporting Goods Inc has shown a decreasing trend from January 31, 2022, to January 31, 2025. The ratio started at 22.73 on January 31, 2022, and fluctuated around the mid-teens to high twenties over the subsequent periods.
The company's interest coverage ratio remained comfortably above 1 throughout the period, indicating that Dick's Sporting Goods Inc generated sufficient earnings to cover its interest expenses. The slight decline in the ratio over time suggests that the company's interest expenses may have increased relative to its operating earnings, although the ratio still indicates a strong ability to handle these obligations.
Overall, Dick's Sporting Goods Inc's interest coverage ratio shows a healthy financial position with a consistent ability to meet its interest payments out of operating earnings. The company has maintained a solid buffer to cover interest costs, which is a positive indicator for its financial stability and sustainability.