Foot Locker Inc (FL)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 2,909,000 | 2,890,000 | 2,890,000 | 3,293,000 | 3,293,000 |
| Debt-to-capital ratio | 0.00 | 0.12 | 0.00 | 0.00 | 0.11 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,909,000K)
= 0.00
The debt-to-capital ratio of Foot Locker Inc has displayed fluctuations over the years based on the provided data. As of January 28, 2023, the ratio stood at 0.11, indicating that 11% of the company's capital structure was funded by debt. This ratio decreased significantly to 0.00 by January 31, 2023, and remained at this level until January 31, 2024.
However, the ratio increased again to 0.12 by February 3, 2024, reflecting a slight shift towards higher debt utilization in the capital structure. Subsequently, as of January 31, 2025, the ratio reverted to 0.00, signifying a return to a debt-free capital structure.
Overall, the pattern suggests that Foot Locker Inc has effectively managed its debt-to-capital ratio, aligning it with the company's financial strategy and maintaining a balance between debt and equity financing to support its operations and growth initiatives.
Peer comparison
Jan 31, 2025