Macy’s Inc (M)
Financial leverage ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 16,402,000 | 16,246,000 | 16,246,000 | 16,866,000 | 16,866,000 |
| Total stockholders’ equity | US$ in thousands | 4,552,000 | 4,137,000 | 4,137,000 | 4,082,000 | 4,082,000 |
| Financial leverage ratio | 3.60 | 3.93 | 3.93 | 4.13 | 4.13 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $16,402,000K ÷ $4,552,000K
= 3.60
The financial leverage ratio of Macy's Inc has shown a gradual decline over the past few years, indicating an improvement in the company's overall financial structure. The ratio decreased from 4.13 in January 2023 to 3.60 in January 2025. This suggests that Macy's has been reducing its reliance on debt to finance its operations and investments, which can lead to lower financial risk and increased financial stability. A lower financial leverage ratio is generally viewed positively by investors as it indicates a stronger financial position and better ability to meet financial obligations. Overall, the trend in Macy's financial leverage ratio reflects a sound and efficient management of the company's capital structure.
Peer comparison
Jan 31, 2025