PVH Corp (PVH)

Debt-to-equity 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-equity ratio		0.31	0.43	0.44	0.74	0.46

February 4, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,591,700K ÷ $5,118,900K
= 0.31

The debt-to-equity ratio of PVH Corp has fluctuated over the past five years, ranging from 0.31 to 0.74. A lower ratio indicates a lower level of debt relative to equity, suggesting a lower financial risk for the company. In the most recent financial year, as of Feb 4, 2024, the ratio stood at 0.31, which indicates a relatively conservative capital structure with a higher proportion of equity financing compared to debt. This suggests that PVH Corp has been successful in managing its debt levels effectively, which can provide stability and resilience in times of economic uncertainty. Overall, the decreasing trend in the debt-to-equity ratio over the years indicates a positive financial position for PVH Corp in terms of its capital structure and financial risk management.