Foot Locker Inc (FL)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 395,000 | — | — | 395,000 |
| Total assets | US$ in thousands | 6,748,000 | 6,868,000 | 6,868,000 | 7,907,000 | 7,907,000 |
| Debt-to-assets ratio | 0.00 | 0.06 | 0.00 | 0.00 | 0.05 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $6,748,000K
= 0.00
The debt-to-assets ratio of Foot Locker Inc has shown fluctuations over the years based on the provided data. As of January 28, 2023, the ratio was 0.05, indicating that the company had a minimal level of debt relative to its total assets. Subsequently, the ratio dropped to 0.00 by January 31, 2023, and remained at this level through January 31, 2024.
However, by February 3, 2024, there was a slight increase in the debt-to-assets ratio to 0.06, suggesting a small proportion of debt in relation to the company's total assets. The ratio reverted back to 0.00 by January 31, 2025, indicating that Foot Locker Inc continued to maintain a low debt burden relative to its asset base.
Overall, the company's debt-to-assets ratio has generally been low during the period under review, highlighting a conservative approach towards leveraging, which may indicate financial stability and a lower level of financial risk.
Peer comparison
Jan 31, 2025