RH (RH)
Debt-to-equity ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 17,766 | 17,909 | 1,129 | 14,614 | 31,053 |
| Total stockholders’ equity | US$ in thousands | -297,394 | 784,661 | 1,170,280 | 447,026 | 18,651 |
| Debt-to-equity ratio | — | 0.02 | 0.00 | 0.03 | 1.66 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $17,766K ÷ $-297,394K
= —
Based on the data provided, the debt-to-equity ratio for RH has fluctuated significantly over the past five years:
1. February 3, 2024: The debt-to-equity ratio is not available for this period.
2. January 28, 2023: The ratio was 0.02, indicating a relatively low level of debt relative to equity.
3. January 29, 2022: The ratio was 0.00, suggesting no debt or a nominal amount of debt compared to equity.
4. January 30, 2021: The ratio was 0.03, still reflecting a minimal level of debt compared to equity.
5. February 1, 2020: The ratio spiked to 1.66, indicating a substantial increase in debt relative to equity compared to the prior years.
Overall, the trend in the debt-to-equity ratio for RH shows a consistent pattern of low to negligible debt levels until a significant increase in 2020. This spike in 2020 may indicate a strategic shift or financial decision that resulted in a higher level of debt being taken on relative to equity. Monitoring future trends in the debt-to-equity ratio will be crucial for assessing RH's financial leverage and risk management strategies.
Peer comparison
Feb 3, 2024