Ralph Lauren Corp Class A (RL)

Debt-to-equity 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-equity ratio		0.00	0.00	0.00	0.00	0.00

March 31, 2025 calculation

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

The debt-to-equity ratio for Ralph Lauren Corp Class A has been consistently reported as 0.00 for the fiscal years ending on March 31, 2021, 2022, 2023, 2024, and 2025. This indicates that the company has not utilized any debt to finance its operations during these periods. A debt-to-equity ratio of 0.00 signifies that the company is primarily relying on equity financing to support its business activities, which can be seen as a positive indicator of financial stability and strength. However, it is important to note that a low or zero debt-to-equity ratio may also suggest missed opportunities for leveraging debt for potential growth or expansion. Further analysis of the company's capital structure and overall financial health would provide a more holistic understanding of its financial position.