RH (RH)
Debt-to-assets ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 17,766 | 17,844 | 17,902 | 17,905 | 17,909 | 17,912 | 2,440,380 | 1,949,040 | 1,129 | 3,955,130 | 26,187 | — | 14,614 | 42,852 | — | — | 31,053 | — | — | — |
| Total assets | US$ in thousands | 4,143,900 | 4,240,620 | 4,212,830 | 5,319,830 | 5,309,290 | 5,883,720 | 5,831,450 | 5,887,940 | 5,540,470 | 5,420,020 | 3,467,150 | 3,237,320 | 2,898,310 | 2,679,250 | 2,506,410 | 2,429,890 | 2,445,690 | 2,362,010 | 2,387,810 | 2,545,830 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 | 0.33 | 0.00 | 0.73 | 0.01 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
February 3, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $17,766K ÷ $4,143,900K
= 0.00
The debt-to-assets ratio of RH has shown fluctuations over the periods provided. In the most recent period, as of February 3, 2024, the ratio is at 0.00, indicating that RH carries no debt relative to its total assets. This suggests that the company is primarily financed by its equity rather than debt.
Looking back at historical data, there have been some periods where RH had some level of debt, such as in July 2022 and October 2021 when the ratios were 0.42 and 0.73 respectively. However, in most periods, including the majority of the recent past, the company has maintained a very low debt-to-assets ratio or even zero, indicating a conservative approach to leverage.
Overall, the trend in the debt-to-assets ratio for RH indicates a relatively low reliance on debt for financing its assets, which can be seen as a positive indicator of financial stability and lower risk in the company's capital structure.
Peer comparison
Feb 3, 2024