Guess? Inc. (GES)

Debt-to-assets ratio

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Long-term debt US$ in thousands 247,363
Total assets US$ in thousands 2,590,020 2,425,450 2,555,630 2,465,870 2,428,960
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.10

February 3, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,590,020K
= 0.00

The debt-to-assets ratio of Guess? Inc. has remained at 0.00 from February 3, 2024, back to at least January 29, 2022. This indicates that the company has not utilized debt to finance its assets during this period. However, it is important to note that there was a slight increase to 0.10 on February 1, 2020, which suggests a shift towards using debt to fund its assets at that time. The consistent 0.00 ratio in recent years may indicate a conservative approach to capital structure or efficient management of existing assets without the need for significant debt financing. Further analysis of the company's financial statements and capital structure strategy would provide more insights into their debt management practices.