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.
Peer comparison
Feb 1, 2025
Company name
Symbol
Debt-to-assets ratio
The Gap, Inc.
GAP
0.13
Abercrombie & Fitch Company
ANF
0.07
American Eagle Outfitters Inc
AEO
0.00
Buckle Inc
BKE
0.00
Nordstrom Inc
JWN
0.31
Ross Stores Inc
ROST
0.15
The TJX Companies Inc
TJX
0.10
Urban Outfitters Inc
URBN
0.00