The Gap, Inc. (GAP)

Debt-to-assets ratio

Feb 1, 2025 Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021
Long-term debt US$ in thousands 1,490,000 1,488,000 1,486,000 1,484,000 2,216,000
Total assets US$ in thousands 11,885,000 11,044,000 11,386,000 12,761,000 13,769,000
Debt-to-assets ratio 0.13 0.13 0.13 0.12 0.16

February 1, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,490,000K ÷ $11,885,000K
= 0.13

The debt-to-assets ratio for The Gap, Inc. has shown a generally stable trend over the past five years. It decreased from 0.16 in January 30, 2021, to 0.12 in January 29, 2022, indicating a reduction in the proportion of debt relative to total assets. Subsequently, the ratio has remained fairly consistent at around 0.13 from January 28, 2023, to February 1, 2025. This suggests that The Gap, Inc. has been effectively managing its debt levels in relation to its asset base, which may signify financial stability and prudent leverage practices.