Guess? Inc. (GES)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 684,940 | 534,113 | 622,658 | 543,663 | 639,714 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.28 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $684,940K)
= 0.00
The debt-to-capital ratio for Guess? Inc. has consistently been 0.00 from February 3, 2024, back to January 29, 2021. This indicates that the company has not taken on any debt relative to its capital structure during this period. However, it is noteworthy that there was a significant increase in the debt-to-capital ratio to 0.28 as of February 1, 2020, suggesting a change in the company's leverage position at that time. This change could signify a shift in the company's financing strategy or an increase in its debt levels relative to its capital base. Overall, the recent trend of a 0.00 debt-to-capital ratio indicates a conservative approach to debt management by Guess? Inc.