Foot Locker Inc (FL)
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 | 6,748,000 | 6,862,000 | 6,953,000 | 6,947,000 | 6,868,000 | 6,868,000 | 7,420,000 | 7,420,000 | 7,536,000 | 7,536,000 | 7,701,000 | 7,643,000 | 7,907,000 | 7,907,000 | 7,762,000 | 7,762,000 | 7,868,000 | 7,868,000 | 7,878,000 | 8,136,000 |
| 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 |
| Financial leverage ratio | 2.32 | 2.39 | 2.40 | 2.41 | 2.38 | 2.38 | 2.32 | 2.32 | 2.32 | 2.32 | 2.35 | 2.33 | 2.40 | 2.40 | 2.39 | 2.38 | 2.45 | 2.45 | 2.45 | 2.51 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $6,748,000K ÷ $2,909,000K
= 2.32
The financial leverage ratio of Foot Locker Inc has been relatively stable over the period analyzed. The ratio has ranged from 2.32 to 2.51, with the latest data point as of January 31, 2025, showing a ratio of 2.32. This indicates that for every dollar of equity, the company has $2.32 of debt. The trend in the ratio suggests that Foot Locker Inc has been able to effectively manage its debt levels and maintain a reasonable balance between debt and equity in its capital structure. Despite some fluctuations, the overall stability of the financial leverage ratio indicates a conservative approach to financing, which may help mitigate financial risk and support the company's financial stability in the long term.
Peer comparison
Jan 31, 2025