Ralph Lauren Corp Class A (RL)

Debt-to-capital ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	2,588,500	2,450,300	2,430,500	2,536,000	2,604,400
Debt-to-capital ratio		0.00	0.00	0.00	0.00	0.00

March 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $2,588,500K)
= 0.00

The debt-to-capital ratio for Ralph Lauren Corp Class A has remained consistently at 0.00 from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized any debt to finance its operations and growth, resulting in a capital structure primarily reliant on equity. A debt-to-capital ratio of 0.00 suggests a low financial risk, as the absence of debt means lower interest expenses and reduced exposure to liquidity challenges. Ralph Lauren Corp's strong financial position reflected in its consistently low debt-to-capital ratio indicates a stable and robust capital structure.