Ollie's Bargain Outlet Hldg (OLLI)

Financial leverage ratio

		Feb 3, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 30, 2021	Oct 31, 2020	Aug 1, 2020	May 2, 2020	Feb 1, 2020	Nov 2, 2019	Aug 3, 2019	May 4, 2019
Total assets	US$ in thousands	2,294,590	2,194,360	2,154,160	2,091,040	2,044,100	2,009,970	1,999,190	1,989,830	1,972,170	1,946,560	2,042,090	2,043,490	2,005,860	1,931,860	1,842,440	1,643,110	1,596,250	1,530,470	1,544,340	1,479,290
Total stockholders’ equity	US$ in thousands	1,508,230	1,440,370	1,414,980	1,383,960	1,362,070	1,318,120	1,312,190	1,302,440	1,287,710	1,260,480	1,399,110	1,386,640	1,334,880	1,267,480	1,218,050	1,094,180	1,058,880	1,006,940	1,017,470	988,376
Financial leverage ratio		1.52	1.52	1.52	1.51	1.50	1.52	1.52	1.53	1.53	1.54	1.46	1.47	1.50	1.52	1.51	1.50	1.51	1.52	1.52	1.50

February 3, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,294,590K ÷ $1,508,230K
= 1.52

The financial leverage ratio of Ollie's Bargain Outlet Hldg has remained relatively stable over the past few quarters, hovering around the range of 1.50 to 1.54. This indicates that the company relies moderately on debt to finance its operations and growth initiatives. A financial leverage ratio above 1 suggests that the company has more debt than equity in its capital structure.

The slight fluctuations in the financial leverage ratio suggest that Ollie's Bargain Outlet Hldg has been managing its debt levels effectively, with minimal changes in the overall leverage position. However, it is important to keep an eye on any significant deviations from this range, as a substantial increase in leverage could indicate increased financial risk for the company. Overall, Ollie's Bargain Outlet Hldg appears to be maintaining a reasonable balance between debt and equity in its capital structure based on the financial leverage ratio analysis.