Guess? Inc. (GES)
Debt-to-assets ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | 255,801 | — | — | 247,363 | — | — | — |
| Total assets | US$ in thousands | 2,590,020 | 2,478,780 | 2,489,160 | 2,440,720 | 2,425,450 | 2,316,620 | 2,316,670 | 2,250,010 | 2,555,630 | 2,562,440 | 2,456,900 | 2,378,010 | 2,465,870 | 2,380,010 | 2,310,730 | 2,346,750 | 2,428,960 | 2,390,900 | 2,402,200 | 2,381,760 |
| 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 | 0.11 | 0.00 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,590,020K
= 0.00
The debt-to-assets ratio for Guess? Inc. has remained consistently low at 0.00 for the majority of the recent reporting periods. This suggests that the company has not been relying heavily on debt to finance its operations and investments. However, there are a few instances where the ratio slightly increased to 0.11 and 0.10, indicating a slight increase in debt relative to its total assets. Overall, the trend of a low debt-to-assets ratio indicates that Guess? Inc. has been effectively managing its debt levels and maintaining a healthy balance sheet.