Guess? Inc. (GES)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 1,563,730 | 450,729 | 491,210 | 565,473 | 684,940 | 684,940 | 514,060 | 514,060 | 488,897 | 488,897 | 452,000 | 452,000 | 534,113 | 534,113 | 418,828 | 418,828 | 410,843 | 410,843 | 403,063 | 622,658 |
| Financial leverage ratio | 1.77 | 6.20 | 5.65 | 4.86 | 3.78 | 3.78 | 4.82 | 4.82 | 5.09 | 5.09 | 5.40 | 5.40 | 4.54 | 4.54 | 5.53 | 5.53 | 5.64 | 5.64 | 5.58 | 4.10 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,766,680K ÷ $1,563,730K
= 1.77
Guess? Inc.'s financial leverage ratio has shown fluctuations over the past few years. Starting at 4.10 in January 2022, the ratio increased to 5.58 in April 2022, indicating higher reliance on debt to finance its assets. This trend continued with ratios of 5.64 in July 2022 and October 2022.
In early 2023, there was a slight decline to 4.54 in January and no significant change until April 2023. However, by July 2023, the ratio decreased further to 5.09 and continued to decline to 4.82 by October 2023.
A more substantial drop occurred in January 2024, where the ratio fell to 3.78, suggesting a reduction in the company's debt relative to its equity. This trend didn't continue, as the ratio increased to 6.20 by October 2024, signifying a significant increase in the company's leverage position.
Finally, in January 2025, the financial leverage ratio dropped sharply to 1.77, indicating a lower level of debt utilization compared to equity. Overall, Guess? Inc. has experienced fluctuations in its financial leverage ratio, showcasing varying degrees of reliance on debt throughout the analyzed period.