PVH Corp (PVH)

Debt-to-equity ratio

Feb 4, 2024 Oct 29, 2023 Jul 30, 2023 Apr 30, 2023 Jan 29, 2023 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Jan 30, 2022 Oct 31, 2021 Aug 1, 2021 May 2, 2021 Jan 31, 2021 Nov 1, 2020 Aug 2, 2020 May 3, 2020 Feb 2, 2020 Nov 3, 2019 Aug 4, 2019 May 5, 2019
Long-term debt US$ in thousands 1,591,700 1,571,300 1,619,600 2,193,000 2,177,000 2,109,100 2,155,500 2,216,500 2,317,600 2,605,200 2,782,500 3,018,200 3,513,700 3,464,100 3,498,300 2,854,200 2,693,900 2,738,400 2,743,000 2,759,400
Total stockholders’ equity US$ in thousands 5,118,900 5,054,300 5,037,600 5,126,400 5,012,700 4,822,800 5,206,400 5,268,500 5,288,800 5,171,700 5,032,800 4,839,400 4,730,300 4,676,200 4,583,500 4,513,400 5,811,500 5,985,100 5,871,700 5,761,500
Debt-to-equity ratio 0.31 0.31 0.32 0.43 0.43 0.44 0.41 0.42 0.44 0.50 0.55 0.62 0.74 0.74 0.76 0.63 0.46 0.46 0.47 0.48

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 shown some fluctuation over the past few quarters. From February 2024 to May 2021, the ratio ranged from 0.31 to 0.62, indicating a moderate level of leverage. However, starting from August 2021, the ratio began to increase, reaching a peak of 0.76 in August 2020, before declining to 0.46 in August 2019.

These fluctuations in the debt-to-equity ratio suggest that PVH Corp has been actively managing its capital structure, possibly taking on more debt or adjusting its equity levels to finance its operations or investments. It is important for stakeholders to closely monitor these changes in the ratio to assess the company's financial risk and sustainability.

Overall, PVH Corp's debt-to-equity ratio indicates a mix of debt and equity in its capital structure, with the company potentially leveraging its operations to enhance shareholder returns. Investors, creditors, and analysts should continue to analyze the company's financial statements and market conditions to understand the implications of its leverage levels on its financial performance and stability.