Dave & Buster’s Entertainment (PLAY)
Financial leverage ratio
| Feb 4, 2024 | Oct 29, 2023 | Jul 30, 2023 | Apr 30, 2023 | Jan 29, 2023 | Oct 30, 2022 | Jul 31, 2022 | May 1, 2022 | Jan 30, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Nov 3, 2019 | Aug 4, 2019 | May 5, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,754,400 | 3,697,800 | 3,729,400 | 3,694,400 | 3,761,000 | 3,685,090 | 3,650,740 | 2,443,100 | 2,345,790 | 2,350,720 | 2,384,500 | 2,317,980 | 2,352,820 | 2,385,060 | 2,619,970 | 2,563,350 | 2,370,140 | 2,298,190 | 2,234,080 | 2,164,890 |
| Total stockholders’ equity | US$ in thousands | 251,200 | 211,600 | 314,400 | 359,900 | 410,500 | 361,000 | 356,400 | 351,800 | 275,500 | 246,559 | 229,875 | 178,642 | 153,232 | 206,774 | 250,371 | 192,635 | 169,650 | 148,121 | 249,302 | 360,125 |
| Financial leverage ratio | 14.95 | 17.48 | 11.86 | 10.27 | 9.16 | 10.21 | 10.24 | 6.94 | 8.51 | 9.53 | 10.37 | 12.98 | 15.35 | 11.53 | 10.46 | 13.31 | 13.97 | 15.52 | 8.96 | 6.01 |
February 4, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,754,400K ÷ $251,200K
= 14.95
The financial leverage ratio of Dave & Buster’s Entertainment has fluctuated over the periods provided. The ratio indicates the level of debt used by the company to finance its assets. A higher ratio suggests that a company is relying more on debt financing, which can increase financial risk but also potentially enhance returns.
Looking at the data, we observe that the financial leverage ratio has varied between 6.01 and 17.48 over the past few periods. The highest ratio of 17.48 was recorded in October 2023, indicating a relatively higher level of debt compared to equity during that period. Conversely, the lowest ratio of 6.01 in August 2019 suggests a lower reliance on debt financing at that time.
Overall, the trend in the financial leverage ratio for Dave & Buster’s Entertainment shows some variability, which could be influenced by strategic decisions regarding capital structure and financing activities. It is important for investors and stakeholders to monitor these changes to assess the company's risk profile and financial stability.
Peer comparison
Feb 4, 2024