Walmart Inc (WMT)
Financial leverage ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 260,823,000 | 263,399,000 | 254,440,000 | 254,054,000 | 252,399,000 | 259,174,000 | 255,121,000 | 245,053,000 | 243,457,000 | 247,656,000 | 247,199,000 | 246,142,000 | 244,860,000 | 244,851,000 | 238,552,000 | 236,581,000 | 252,496,000 | 250,863,000 | 237,382,000 | 232,892,000 |
| Total stockholders’ equity | US$ in thousands | 91,013,000 | 88,108,000 | 84,423,000 | 81,293,000 | 83,861,000 | 79,456,000 | 79,556,000 | 72,405,000 | 76,693,000 | 72,253,000 | 77,569,000 | 76,896,000 | 83,253,000 | 82,274,000 | 80,529,000 | 78,335,000 | 81,298,000 | 81,431,000 | 75,310,000 | 68,240,000 |
| Financial leverage ratio | 2.87 | 2.99 | 3.01 | 3.13 | 3.01 | 3.26 | 3.21 | 3.38 | 3.17 | 3.43 | 3.19 | 3.20 | 2.94 | 2.98 | 2.96 | 3.02 | 3.11 | 3.08 | 3.15 | 3.41 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $260,823,000K ÷ $91,013,000K
= 2.87
The financial leverage ratio of Walmart Inc has shown some fluctuations over the past few years, ranging from a high of 3.43 to a low of 2.87. This ratio indicates the company's level of debt relative to its equity.
From April 2020 to July 2021, the financial leverage ratio decreased steadily from 3.41 to 2.96, suggesting a reduction in the company's reliance on debt financing during this period.
However, from October 2021 to October 2022, there was an increase in the financial leverage ratio, peaking at 3.43, signaling a potential increase in debt relative to equity.
Subsequently, the ratio declined to 2.87 by January 2025, indicating a decrease in the company's debt levels relative to equity at the start of 2025.
Overall, the fluctuations in Walmart Inc's financial leverage ratio indicate changes in the company's capital structure and its ability to manage debt effectively over the specified period.
Peer comparison
Jan 31, 2025