PVH Corp (PVH)

Debt-to-assets ratio

		Feb 4, 2024	Jan 29, 2023	Jan 30, 2022	Jan 31, 2021	Feb 2, 2020
Long-term debt	US$ in thousands	1,591,700	2,177,000	2,317,600	3,513,700	2,693,900
Total assets	US$ in thousands	11,172,900	11,768,300	12,396,800	13,293,500	13,631,000
Debt-to-assets ratio		0.14	0.18	0.19	0.26	0.20

February 4, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,591,700K ÷ $11,172,900K
= 0.14

The debt-to-assets ratio of PVH Corp has shown a declining trend over the past five years, indicating a stronger financial position in terms of debt management. From 0.20 in 2020, the ratio decreased to 0.14 by Feb 4, 2024. This decrease suggests that PVH Corp has been able to reduce its reliance on debt to finance its assets, potentially lowering its financial risk. The decreasing trend indicates an improving solvency position, as a lower ratio signifies a higher proportion of assets financed by equity rather than debt. Overall, the decreasing trend in the debt-to-assets ratio of PVH Corp implies a positive development in the company's financial health and stability.