Abercrombie & Fitch Company (ANF)

Debt-to-assets ratio

		Jan 31, 2025	Feb 3, 2024	Jan 31, 2024	Jan 31, 2023	Jan 28, 2023
Long-term debt	US$ in thousands	—	222,119	—	—	296,852
Total assets	US$ in thousands	3,299,890	2,974,230	2,974,230	2,713,100	2,713,100
Debt-to-assets ratio		0.00	0.07	0.00	0.00	0.11

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $3,299,890K
= 0.00

The debt-to-assets ratio of Abercrombie & Fitch Company has displayed fluctuations over the years, as per the provided data. In January 2023, the ratio stood at 0.11, indicating that 11% of the company's assets were financed through debt. Subsequently, in January and January 31, 2024, the ratio dropped to 0.00, suggesting that the company had no debt relative to its assets during those periods.

The ratio increased to 0.07 in February 3, 2024, signifying that 7% of the assets were funded by debt. However, by January 31, 2025, the ratio decreased back to 0.00, implying that the company had once again eliminated its debt in relation to assets at that point in time.

Overall, the data illustrates a mixed trend in Abercrombie & Fitch Company's debt-to-assets ratio, with periods of both debt financing and debt-free operations. It is crucial to monitor how the company manages its debt levels to ensure financial stability and sustainable growth.