RH (RH)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | -163,589 | -183,009 | -234,717 | -289,921 | -297,394 | -297,394 | -333,214 | -333,214 | -284,582 | -284,582 | 839,386 | 839,386 | 784,661 | 784,661 | 1,293,950 | 1,220,240 | 1,220,240 | 1,341,790 | 1,170,280 | 1,170,280 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | 6.34 | 6.34 | 6.77 | 6.77 | 4.55 | 4.78 | 4.78 | 4.39 | 4.73 | 4.73 |
January 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $4,554,690K ÷ $-163,589K
= —
The financial leverage ratio of RH has shown some fluctuations over the past few quarters. It stood at around 4.73 to 4.78 in the early part of 2022, indicating a moderate level of leverage. However, by January 28, 2023, the ratio spiked significantly to 6.77, suggesting a substantial increase in financial leverage. This heightened leverage level was maintained until at least April 29, 2023, with the ratio remaining at 6.34.
Interestingly, there is missing data for the financial leverage ratio in the later quarters of 2023 and into 2024, as indicated by the placeholders (\u2014). This lack of data makes it challenging to assess how the financial leverage ratio may have evolved during this period.
Overall, the trend in the financial leverage ratio of RH shows variations with periods of stability followed by significant increases in leverage. It is essential for investors and stakeholders to monitor the company's leverage carefully to assess its financial risk and stability over time.