PVH Corp (PVH)

Financial leverage 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
Total assets	US$ in thousands	11,172,900	11,167,100	11,542,400	11,491,200	11,768,300	11,405,900	11,922,300	11,889,300	12,396,800	12,816,000	12,797,300	12,701,600	13,293,500	13,257,200	13,252,500	12,294,200	13,631,000	14,019,200	13,820,900	13,355,000
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
Financial leverage ratio		2.18	2.21	2.29	2.24	2.35	2.36	2.29	2.26	2.34	2.48	2.54	2.62	2.81	2.84	2.89	2.72	2.35	2.34	2.35	2.32

February 4, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $11,172,900K ÷ $5,118,900K
= 2.18

The financial leverage ratio of PVH Corp has shown some fluctuations over the periods provided. The ratio measures the extent to which the company relies on debt financing versus equity financing.

Based on the data:
- The financial leverage ratio ranged between 2.18 and 2.89 over the periods provided.
- The ratio peaked at 2.89 in November 1, 2020, indicating a higher level of debt relative to equity at that time.
- The lowest ratio of 2.18 was observed on Feb 4, 2024, suggesting a lower level of debt compared to equity.

Overall, the trend indicates that PVH Corp has maintained a moderate to high level of financial leverage over the periods analyzed, which could indicate a greater reliance on debt to finance its operations and growth. Investors and analysts should closely monitor the trend in the financial leverage ratio to assess the company's risk associated with its capital structure.