Foot Locker Inc (FL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.12 | 0.00 | 0.12 | 0.00 | 0.12 | 0.00 | 0.12 | 0.00 | 0.12 | 0.00 | 0.12 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $2,909,000K
= 0.00
Foot Locker Inc's debt-to-equity ratio shows a consistent pattern of maintaining a low level of debt relative to its equity over the period from January 2022 to January 2025. The ratio remained at 0.00 for most of the quarters, indicating that the company had zero or negligible debt compared to its equity during those periods.
However, there were a few quarters, specifically in July 2022, October 2022, January 2023, April 2023, July 2023, and October 2023, where the debt-to-equity ratio increased to 0.12. This suggests that in those quarters, there was a slight increase in the level of debt in relation to equity.
In February 2024, the ratio spiked to 0.14, indicating a relatively higher level of debt compared to equity. However, the ratio returned to 0.00 in the subsequent quarters, suggesting that this increase was temporary or due to specific circumstances.
Overall, based on the data provided, Foot Locker Inc generally maintains a conservative capital structure with a low debt-to-equity ratio, which indicates a lower financial risk and a stronger financial position.
Peer comparison
Jan 31, 2025