PVH Corp (PVH)

Debt-to-capital 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 stockholders’ equity US$ in thousands 5,118,900 5,012,700 5,288,800 4,730,300 5,811,500
Debt-to-capital ratio 0.24 0.30 0.30 0.43 0.32

February 4, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,591,700K ÷ ($1,591,700K + $5,118,900K)
= 0.24

The debt-to-capital ratio of PVH Corp has shown a decreasing trend over the past five years, indicating a stronger capital structure with less reliance on debt financing. As of Feb 4, 2024, the ratio stands at 0.24, down from 0.30 in both Jan 29, 2023, and Jan 30, 2022. This improvement suggests the company has been effectively managing its debt levels in relation to its overall capital. Comparing to Jan 31, 2021, when the ratio was 0.43, the current level indicates a significant reduction in debt relative to capital in just three years. Despite a slight increase from Feb 2, 2020, when the ratio was 0.32, the most recent ratio of 0.24 signals a favorable position in terms of debt utilization within PVH Corp's capital structure.