Foot Locker Inc (FL)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 395,000 | — | — | 395,000 | — | 395,000 | — | 395,000 | — | 395,000 | — | 395,000 | — | 394,000 | — | — |
| Total stockholders’ equity | US$ in thousands | 2,909,000 | 2,868,000 | 2,897,000 | 2,886,000 | 2,890,000 | 2,890,000 | 3,205,000 | 3,205,000 | 3,247,000 | 3,247,000 | 3,283,000 | 3,283,000 | 3,293,000 | 3,293,000 | 3,252,000 | 3,259,000 | 3,210,000 | 3,217,000 | 3,215,000 | 3,243,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.00 | 0.11 | 0.00 | 0.11 | 0.00 | 0.11 | 0.00 | 0.11 | 0.00 | 0.11 | 0.00 | 0.11 | 0.00 | 0.00 |
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 shown fluctuating trends over the past few years based on the provided data. The ratio was consistently at 0.00 from January 31, 2022, to October 31, 2023, indicating that the company had no debt relative to its capital during this period.
However, there was a slight increase in the debt-to-capital ratio to 0.11 on July 30, 2022, and it remained at this level until October 28, 2023. This increase may suggest that Foot Locker Inc took on some debt during this period, impacting its capital structure.
Subsequently, the debt-to-capital ratio dropped back to 0.00 on January 31, 2024, followed by a spike to 0.12 on February 3, 2024. The ratio then returned to 0.00 in April 30, 2024, and remained at that level until January 31, 2025.
Overall, the debt-to-capital ratio of Foot Locker Inc has been relatively low or non-existent in most periods, indicating a conservative approach to debt management. However, the intermittent spikes observed could be indicative of strategic decisions or changes in the company's capital structure. It would be important to further analyze the company's financial statements and performance to understand the reasons behind these fluctuations in the debt-to-capital ratio.
Peer comparison
Jan 31, 2025