lululemon athletica inc. (NASDAQ:LULU)

The total debt shows a consistent upward trend over the periods analyzed. Starting from approximately 740 million US dollars in early 2020, it increased steadily each year, reaching about 1.58 billion US dollars by early 2025. This indicates a significant rise in the company's leverage or borrowing level over the five-year span.

Total capital also demonstrates a rising pattern across the same timeframe. Beginning at around 2.69 billion US dollars in 2020, it climbed notably to nearly 5.9 billion US dollars by 2025. The increase in total capital over time suggests ongoing growth or expansion, funded by a combination of equity and debt components.

The debt to capital ratio remains relatively stable throughout the periods, fluctuating narrowly between 0.24 and 0.27. Despite the substantial increases in both debt and capital, the ratio hovering around 0.25 signifies that the proportion of debt relative to total capital has been maintained with only slight variation. This suggests disciplined capital structure management, balancing the use of debt and equity financing consistently over the years.

There is a clear upward trajectory in total debt over the observed periods. Starting from approximately 740 million USD in early 2020, total debt steadily increased each year, reaching over 1.57 billion USD by early 2025. Notably, the growth rate accelerated after 2022, with debt rising more substantially between 2023 and 2025 compared to earlier periods.

Total assets show a consistent increase throughout the timeline, beginning at about 3.28 billion USD in early 2020 and rising to approximately 7.60 billion USD by early 2025. The asset base nearly doubled over the five-year span, indicating considerable growth and expansion. The increments between years also appear progressively larger, suggesting accelerating asset accumulation in recent years.

The debt to assets ratio exhibited a general decrease from 0.23 in early 2020 to a low of 0.18 by early 2022, indicating improving asset coverage relative to debt. However, after 2022, there is a slight uptick in this ratio, rising to 0.21 by early 2025. This increase suggests that debt is growing at a somewhat faster pace than assets in the most recent periods, though the ratio remains below the initial level observed in 2020.

Overall, the data reflects robust growth in both debt and assets, with assets expanding at a significant rate that initially helped reduce leverage. However, the recent rise in the debt to assets ratio indicates a modest increase in financial leverage. The company appears to be utilizing more debt financing as part of its growth strategy in the latest years, which warrants monitoring to ensure debt levels remain sustainable relative to asset growth.

Total assets have exhibited a consistent upward trend over the analyzed periods. Starting from approximately 3.28 billion US dollars in early 2020, there is a steady increase each subsequent year, culminating in about 7.60 billion US dollars by early 2025. This represents more than a doubling of total assets during the period, indicating substantial growth in the company's asset base.

Stockholders' equity has also increased consistently, reflecting growing shareholder value. Initial equity was around 1.95 billion US dollars in early 2020, rising to over 4.32 billion US dollars by early 2025. The growth in equity aligns with the increase in total assets, suggesting the company has been able to retain earnings or raise capital to support asset expansion.

The financial leverage ratio demonstrates relative stability over the periods, fluctuating moderately between 1.64 and 1.80. It started at 1.68 in early 2020, dipped slightly to 1.64 in 2021, then peaked at 1.80 in 2022, and moderated around 1.68 to 1.76 in subsequent years. This indicates the company has maintained a consistent balance between debt and equity financing, without significant increases in leverage risk despite asset growth.

The company shows strong and steady growth in both assets and equity, with total assets more than doubling over the five-year span. The stable financial leverage ratio suggests prudent financial management and a controlled use of debt relative to equity. This stability alongside growth implies a solid financial foundation and an ability to expand operations without disproportionately increasing financial risk.