Guess? Inc. (GES)

Debt-to-assets 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
Total assets US$ in thousands 2,766,680 2,794,660 2,776,640 2,748,640 2,590,020 2,590,020 2,478,780 2,478,780 2,489,160 2,489,160 2,440,720 2,440,720 2,425,450 2,425,450 2,316,620 2,316,620 2,316,670 2,316,670 2,250,010 2,555,630
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 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 for Guess? Inc. over the reported periods indicates that the company has consistently maintained a ratio of 0.00. This implies that the company has no debt in relation to its total assets during the specified periods. A debt-to-assets ratio of 0.00 suggests that Guess? Inc. is not relying on debt to finance its operations or investments, and is effectively funding its assets using equity or other sources of capital.

Such a low debt-to-assets ratio may be seen as a positive indicator to investors and creditors, as it signifies lower financial risk and potential stability in the company's capital structure. By having minimal to no debt, Guess? Inc. may be better positioned to weather economic downturns, have more financial flexibility, and potentially take advantage of strategic opportunities.

Overall, the consistent 0.00 debt-to-assets ratio for Guess? Inc. reflects a prudent financial strategy of not taking on excessive debt, which may contribute to the company's overall financial health and resilience.