Guess? Inc. (GES)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital 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 | 0.36 | 0.00 | 0.00 | 0.28 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity 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 | 0.56 | 0.00 | 0.00 | 0.39 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 3.78 | 4.82 | 5.09 | 5.40 | 4.54 | 5.53 | 5.64 | 5.58 | 4.10 | 4.10 | 4.03 | 4.29 | 4.54 | 5.18 | 5.27 | 4.98 | 3.80 | 4.22 | 4.33 | 4.35 |
The solvency ratios of Guess? Inc. show consistent and stable financial health over the period analyzed.
The debt-to-assets ratio has remained at zero throughout the period, indicating that the company has not taken on any debt in relation to its total assets. This signifies a strong financial position as the company is not heavily reliant on debt to finance its operations.
Similarly, the debt-to-capital and debt-to-equity ratios have also remained at zero, indicating that Guess? Inc. has not utilized either debt or equity to fund its operations relative to its capital structure. This suggests a conservative financing approach and a lower risk of financial distress.
The financial leverage ratio fluctuates within a relatively narrow range, with a peak of 5.64 and a low of 3.80. This suggests that the company's use of financial leverage, although present, has not shown significant variation and remains at moderate levels overall.
Overall, based on the solvency ratios analyzed, Guess? Inc. appears to be in a strong financial position with minimal debt and a stable capital structure, indicating a healthy level of solvency and financial stability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 11.25 | 10.16 | 11.27 | 11.98 | 15.11 | 13.11 | 12.62 | 13.01 | 11.65 | 10.74 | 9.83 | 5.88 | -2.83 | -2.38 | -3.20 | -1.04 | 8.35 | 8.62 | 6.97 | 12.98 |
Guess? Inc.'s interest coverage ratio has exhibited volatility over the past several quarters. The company's interest coverage ratio ranged from a low of -3.20 in May 2, 2020, to a high of 15.11 in Jan 28, 2023. This indicates that Guess? Inc. had periods where its operating income was insufficient to cover its interest expenses, especially in the quarters with negative interest coverage ratios.
The trend in the interest coverage ratio shows that Guess? Inc. improved its ability to cover interest expenses from the negative levels seen in 2020 to positive levels in 2021 and 2022. However, the ratio declined in the later months of 2023, suggesting that the company may be facing increased pressure from interest payments relative to its operating income.
Investors and creditors typically view higher interest coverage ratios more favorably as they indicate a company's ability to service its debt obligations. It is essential for Guess? Inc. to monitor its interest coverage ratio closely and ensure it remains at healthy levels to avoid potential financial distress and maintain investor confidence.