Abercrombie & Fitch Company (ANF)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	222,119	—	—	248,033	—	297,385	—	297,172	—	296,852	—	296,532	—	304,219	—	—
Total assets	US$ in thousands	3,299,890	3,269,870	3,049,560	2,970,080	2,974,230	2,974,230	2,897,650	2,897,650	2,796,710	2,796,710	2,558,080	2,558,080	2,713,100	2,713,100	2,693,990	2,693,990	2,734,090	2,734,090	2,607,300	2,939,490
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.07	0.00	0.00	0.09	0.00	0.11	0.00	0.12	0.00	0.11	0.00	0.11	0.00	0.11	0.00	0.00

January 31, 2025 calculation

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

The debt-to-assets ratio measures the proportion of a company's assets that are financed through debt. For Abercrombie & Fitch Company, the trend in the debt-to-assets ratio over the past few years has been relatively stable, with occasional fluctuations. The ratio fluctuated between 0.00 and 0.12 during the period from January 31, 2022, to January 31, 2025.

The ratio was at 0.00 in most periods, indicating that the company had no debt relative to its total assets during those times. However, there were a few periods where the ratio increased slightly to 0.11, 0.12, and 0.09. These instances suggest that Abercrombie & Fitch occasionally used debt to finance a small portion of its assets.

Overall, Abercrombie & Fitch Company appears to have a conservative approach to debt financing, with the majority of its assets being financed through equity. This conservative stance can be seen in the consistently low debt-to-assets ratios observed over the analyzed period.