Abercrombie & Fitch Company (ANF)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	1,335,630	1,247,130	1,206,530	1,078,890	1,035,160	1,035,160	866,108	866,108	768,306	768,306	701,857	701,857	694,841	694,841	646,231	646,231	661,788	661,788	695,361	826,090
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.21	0.00	0.00	0.29	0.00	0.39	0.00	0.42	0.00	0.43	0.00	0.46	0.00	0.46	0.00	0.00

January 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,335,630K
= 0.00

The debt-to-equity ratio of Abercrombie & Fitch Company has shown variations over the reporting periods. As of January 31, 2022, and in several subsequent periods, the company reported a debt-to-equity ratio of 0.00, indicating that the company had no debt relative to its equity during those periods.

However, there were fluctuations in the debt-to-equity ratio in certain periods. For example, as of July 30, 2022, and October 29, 2022, the company had a debt-to-equity ratio of 0.46, suggesting a higher level of debt compared to equity. This implies that the company had taken on more debt relative to its equity in those periods.

Subsequently, the debt-to-equity ratio fluctuated back to 0.00 in following periods, signifying a return to a debt-free status or a balance between debt and equity.

It is important to note that a debt-to-equity ratio of 0.00 does not necessarily indicate a negative situation, as it could imply that the company operates with minimal or no debt. Conversely, a higher ratio may raise concerns about the company's financial leverage and ability to cover its debt obligations.

Overall, the trend in Abercrombie & Fitch Company's debt-to-equity ratio shows a mix of debt-free periods and periods with higher debt levels, highlighting the company's changing capital structure and financial leverage over time.