Guess? Inc. (GES)

Debt-to-assets ratio

Jan 31, 2025 Feb 3, 2024 Jan 31, 2024 Jan 31, 2023 Jan 28, 2023
Long-term debt US$ in thousands
Total assets US$ in thousands 2,766,680 2,590,020 2,590,020 2,425,450 2,425,450
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,766,680K
= 0.00

The debt-to-assets ratio of Guess? Inc. for the periods from January 28, 2023, to January 31, 2025, remained consistently at 0.00. This indicates that the company has not utilized debt to finance its assets during these periods, reflecting a low financial leverage and potentially lower financial risk. It suggests that Guess? Inc. has been primarily using equity to fund its assets, which may indicate a strong financial position and stability. However, while a low debt-to-assets ratio can be positive in terms of financial risk, it's important to also consider the impact on the company's overall return on equity and cost of capital.