PVH Corp (PVH)

Financial leverage ratio

		Feb 28, 2025	Nov 30, 2024	Aug 31, 2024	May 31, 2024	Feb 29, 2024	Feb 4, 2024	Nov 30, 2023	Oct 29, 2023	Aug 31, 2023	Jul 30, 2023	May 31, 2023	Apr 30, 2023	Feb 28, 2023	Jan 29, 2023	Nov 30, 2022	Oct 30, 2022	Aug 31, 2022	Jul 31, 2022	May 31, 2022	May 1, 2022
Total assets	US$ in thousands	11,033,200	11,241,300	11,237,700	10,788,700	11,172,900	11,172,900	11,167,100	11,167,100	11,542,400	11,542,400	11,491,200	11,491,200	11,768,300	11,768,300	11,405,900	11,405,900	11,922,300	11,922,300	11,889,300	11,889,300
Total stockholders’ equity	US$ in thousands	5,140,500	5,288,200	5,191,800	5,059,200	5,118,900	5,118,900	5,054,300	5,054,300	5,037,600	5,037,600	5,126,400	5,126,400	5,012,700	5,012,700	4,822,800	4,822,800	5,206,400	5,206,400	5,268,500	5,268,500
Financial leverage ratio		2.15	2.13	2.16	2.13	2.18	2.18	2.21	2.21	2.29	2.29	2.24	2.24	2.35	2.35	2.36	2.36	2.29	2.29	2.26	2.26

February 28, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,033,200K ÷ $5,140,500K
= 2.15

The financial leverage ratio of PVH Corp has shown some fluctuations over the past few years. The ratio ranged between 2.13 to 2.36 during the period from May 2022 to February 2025. There is a general trend of a slight decrease in the financial leverage ratio, with a dip to 2.13 in November 2024, before a slight increase to 2.15 by February 2025.

A financial leverage ratio of 2.15 indicates that for every dollar of equity in the company, there is $2.15 of debt financing. This level of leverage suggests that PVH Corp relies significantly on debt to finance its operations and growth.

It is essential for investors and stakeholders to monitor this ratio closely as high leverage can increase the company's financial risk, particularly in times of economic uncertainty or downturns. PVH Corp's management may need to carefully balance debt levels to ensure the company's financial health and stability in the long term.