Five Below Inc (FIVE)
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 | 4,339,570 | 4,185,320 | 4,013,140 | 3,947,300 | 3,872,040 | 3,872,040 | 3,657,440 | 3,657,440 | 3,549,410 | 3,549,410 | 3,380,510 | 3,380,510 | 3,324,910 | 3,324,910 | 3,163,720 | 3,163,720 | 3,086,230 | 3,086,230 | 2,960,780 | 2,880,460 |
| Total stockholders’ equity | US$ in thousands | 1,808,330 | 1,615,850 | 1,607,740 | 1,584,660 | 1,584,960 | 1,584,960 | 1,377,920 | 1,377,920 | 1,440,150 | 1,440,150 | 1,387,300 | 1,387,300 | 1,361,930 | 1,361,930 | 1,184,490 | 1,184,490 | 1,162,580 | 1,162,580 | 1,114,940 | 1,120,280 |
| Financial leverage ratio | 2.40 | 2.59 | 2.50 | 2.49 | 2.44 | 2.44 | 2.65 | 2.65 | 2.46 | 2.46 | 2.44 | 2.44 | 2.44 | 2.44 | 2.67 | 2.67 | 2.65 | 2.65 | 2.66 | 2.57 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,339,570K ÷ $1,808,330K
= 2.40
The financial leverage ratio of Five Below Inc has shown fluctuations over the period from January 31, 2022, to January 31, 2025. The ratio, which measures the company's level of debt relative to equity, started at 2.57 in January 2022, increased to around 2.66 by April 2022, remained relatively stable around 2.65 from July 2022 to October 2022, and then slightly increased to 2.67 by October 2022.
Subsequently, there was a decline in the financial leverage ratio to 2.44 by January 2023 and this level was maintained till April 2023. However, from July 2023 to October 2023, the ratio increased again to 2.46 and eventually rose to 2.65 by the end of October 2023.
Following this, there was a decrease in the financial leverage ratio to 2.44 by January 2024 and this level was maintained till February 2024. The ratio then increased to 2.49 by April 2024, 2.5 by July 2024, and further to 2.59 by October 2024. Finally, it decreased to 2.40 by January 31, 2025.
Overall, the fluctuations in Five Below Inc's financial leverage ratio indicate changes in the company's capital structure and its reliance on debt financing over the specified period.
Peer comparison
Jan 31, 2025