RH (RH)
Debt-to-assets ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | Jan 29, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 17,766 | — | — | 17,844 | — | 17,902 | — | 17,905 | — | 17,909 | 17,912 | — | 2,440,380 | — | — | 1,129 |
| Total assets | US$ in thousands | 4,554,690 | 4,464,220 | 4,376,400 | 4,186,540 | 4,143,900 | 4,143,900 | 4,240,620 | 4,240,620 | 4,212,830 | 4,212,830 | 5,319,830 | 5,319,830 | 5,309,290 | 5,309,290 | 5,883,720 | 5,831,450 | 5,831,450 | 5,887,940 | 5,540,470 | 5,540,470 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $4,554,690K
= 0.00
The debt-to-assets ratio for RH has been consistently low at 0.00 for most of the reported periods. This indicates that the company has very little debt relative to its total assets, suggesting a strong financial position with a lower risk of default. However, there is a slight increase in the ratio to 0.42 for July 30, 2022, which may be a cause for closer monitoring as it signifies a higher proportion of debt in relation to assets for that particular period. Overall, the trend of low debt-to-assets ratios demonstrates RH's ability to effectively manage its debt levels and maintain a healthy balance sheet position.