PVH Corp (PVH)

The solvency ratios of PVH Corp indicate the company's ability to meet its long-term financial obligations and its overall financial health.

1. Debt-to-assets ratio:
- PVH Corp's Debt-to-assets ratio has shown a decreasing trend over the years, dropping from 0.18 in January 2023 to 0.00 by February 2025. This indicates that the company's level of debt relative to its total assets has significantly improved.

2. Debt-to-capital ratio:
- Similarly, the Debt-to-capital ratio for PVH Corp has decreased from 0.30 in January 2023 to 0.00 in February 2025. This indicates that the company has a lower proportion of debt relative to its total capital structure.

3. Debt-to-equity ratio:
- The Debt-to-equity ratio has followed the same trend, decreasing from 0.43 in January 2023 to 0.00 by February 2025. This suggests that the company is relying less on debt financing and has a stronger equity position.

4. Financial leverage ratio:
- PVH Corp's Financial leverage ratio has also shown a declining pattern, decreasing from 2.35 in January 2023 to 2.15 by February 2025. This implies that the company is becoming less reliant on debt to finance its operations.

Overall, the solvency ratios of PVH Corp demonstrate an improving financial position with a decreasing reliance on debt and a strengthened capital structure over the years, indicating a higher level of financial stability and ability to meet its long-term obligations.

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Coverage ratios

The interest coverage ratio is a key financial metric that indicates a company's ability to meet its interest obligations on outstanding debt. A higher ratio implies a greater ability to cover interest expenses using its operating income.

Based on the data provided for PVH Corp, the interest coverage ratio has shown a positive trend over the years. As of January 29, 2023, the interest coverage ratio was 5.33, indicating the company generated operating income 5.33 times its interest expense. By February 28, 2023, this ratio had improved to 7.11, suggesting a stronger ability to cover interest payments.

The trend continued to show improvement, reaching 9.47 on both February 4, 2024, and February 29, 2024. This signifies that PVH Corp's operating income was nearly ten times its interest expense during these periods, reflecting a robust financial position and a more comfortable capacity to service its debt obligations.

However, by February 28, 2025, the interest coverage ratio had slightly decreased to 8.86, although still at a healthy level. This may indicate a slight moderation in the company's ability to cover its interest expenses compared to the previous years but remains at a level that suggests financial strength.

Overall, PVH Corp's interest coverage ratios demonstrate a positive trajectory and reflect a satisfactory ability to meet its interest obligations comfortably with its operating income.