Victoria's Secret & Co (VSCO)
Financial leverage ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 4,532,000 | 4,921,000 | 4,635,000 | 4,384,000 | 4,600,000 | 4,600,000 | 4,687,000 | 4,687,000 | 4,525,000 | 4,525,000 | 4,405,000 | 4,405,000 | 4,711,000 | 4,711,000 | 4,142,000 | 4,142,000 | 4,072,000 | 4,072,000 | 4,065,000 | 4,344,000 |
| Total stockholders’ equity | US$ in thousands | 453,000 | 429,000 | 472,000 | 423,000 | 417,000 | 417,000 | 220,000 | 220,000 | 279,000 | 279,000 | 265,000 | 265,000 | 383,000 | 383,000 | 235,000 | 235,000 | 247,000 | 247,000 | 227,000 | 257,000 |
| Financial leverage ratio | 10.00 | 11.47 | 9.82 | 10.36 | 11.03 | 11.03 | 21.30 | 21.30 | 16.22 | 16.22 | 16.62 | 16.62 | 12.30 | 12.30 | 17.63 | 17.63 | 16.49 | 16.49 | 17.91 | 16.90 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,532,000K ÷ $453,000K
= 10.00
Victoria's Secret & Co's financial leverage ratio has exhibited fluctuations over the past few years. The ratio was relatively stable around the range of 16 to 17 from January 2022 to January 2023, indicating a moderate level of financial leverage. However, in October 2023, there was a significant increase in the ratio to 21.30, suggesting a higher level of financial leverage at that time. This spike could indicate increased reliance on debt to finance operations or investments.
Subsequently, the financial leverage ratio decreased notably to 11.03 by January 2024, and further dropped to 9.82 by July 2024, signaling a reduction in leverage and potentially an improvement in the company's financial risk profile. However, the ratio increased slightly to 11.47 by October 2024, before declining to 10.00 by January 2025.
Overall, the trend in Victoria's Secret & Co's financial leverage ratio points to volatility in the company's capital structure and debt levels. It is important for stakeholders to monitor these changes closely to assess the company's risk exposure and financial stability.
Peer comparison
Jan 31, 2025