Dave & Buster’s Entertainment (PLAY)

Financial leverage ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 4, 2024 Jan 31, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Apr 30, 2022 Jan 31, 2022 Jan 30, 2022
Total assets US$ in thousands 4,015,800 3,941,100 3,833,900 3,785,300 3,754,400 3,754,400 3,697,800 3,697,800 3,729,400 3,729,400 3,694,400 3,761,000 3,761,000 3,685,090 3,685,090 3,650,740 2,443,100 2,443,100 2,345,790 2,345,790
Total stockholders’ equity US$ in thousands 145,800 226,600 284,400 292,500 251,200 251,200 211,600 211,600 314,400 314,400 359,900 410,500 410,500 361,016 361,000 356,379 351,800 351,742 275,460 275,500
Financial leverage ratio 27.54 17.39 13.48 12.94 14.95 14.95 17.48 17.48 11.86 11.86 10.27 9.16 9.16 10.21 10.21 10.24 6.94 6.95 8.52 8.51

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,015,800K ÷ $145,800K
= 27.54

The financial leverage ratio of Dave & Buster’s Entertainment has shown fluctuations over the analyzed period. The ratio started at 8.51 in January 2022, increased slightly to 10.24 in July 2022, and then remained relatively stable around 10.21 up to January 2023. Subsequently, there was a notable jump to 17.48 in October 2023, followed by fluctuations between 12.94 to 17.39 until January 2025 where it peaked at 27.54. This indicates a significant increase in financial leverage and suggests that the company may be relying more on debt to finance its operations and growth, which could potentially increase financial risk. Further analysis of the company's debt structure and repayment capabilities would be necessary to fully assess the implications of this trend.