Ross Stores Inc (ROST)

Financial leverage ratio

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Total assets	US$ in thousands	14,905,300	14,300,100	14,300,100	13,416,500	13,416,500
Total stockholders’ equity	US$ in thousands	5,509,200	4,871,330	4,871,330	4,288,580	4,288,580
Financial leverage ratio		2.71	2.94	2.94	3.13	3.13

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,905,300K ÷ $5,509,200K
= 2.71

The financial leverage ratio of Ross Stores Inc has been consistently decreasing over the past few years. As of January 31, 2025, the financial leverage ratio stands at 2.71, indicating that the company relies less on debt to finance its operations and has a stronger equity position compared to previous periods. This downward trend suggests that Ross Stores Inc may be managing its debt more effectively, potentially reducing financial risk and improving overall financial stability. However, it is important to monitor this ratio in the future to ensure sustainable capital structure management.