Ross Stores (Ross Stores) Debt-to-Equity

: 1.18 (As of Jan. 2024)

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Ross Stores's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $933 Mil. Ross Stores's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4,814 Mil. Ross Stores's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $4,871 Mil. Ross Stores's debt to equity for the quarter that ended in Jan. 2024 was 1.18.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ross Stores's Debt-to-Equity or its related term are showing as below:

ROST' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.61 Max: 1.74
Current: 1.18

During the past 13 years, the highest Debt-to-Equity Ratio of Ross Stores was 1.74. The lowest was 0.10. And the median was 0.61.

ROST's Debt-to-Equity is ranked worse than
73.41% of 1004 companies
in the Retail - Cyclical industry
Industry Median: 0.64 vs ROST: 1.18

Ross Stores Debt-to-Equity Historical Data

The historical data trend for Ross Stores's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ross Stores Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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1.04

1.74

1.39

1.33

1.18

Ross Stores Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															1.33	1.33	1.30	1.26	1.18

Competitive Comparison

For the Apparel Retail subindustry, Ross Stores's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ross Stores Debt-to-Equity Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Ross Stores's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ross Stores's Debt-to-Equity falls into.

Ross Stores Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ross Stores's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(933.338	+	4814.366)	/	4871.326
	=	1.18

Ross Stores's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(933.338	+	4814.366)	/	4871.326
	=	1.18

Ross Stores (NAS:ROST) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ross Stores Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ross Stores's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Ross Stores (Ross Stores) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Ross Stores Inc (NAS:ROST) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ROST:Mexico RSO:Germany RSO:Germany ROST34:Brazil ROST:Austria ROST:Argentina

Address

5130 Hacienda Drive, Dublin, CA, USA, 94568-7579

Website

https://www.rossstores.com

Ross Stores operates as an off-price apparel and accessories retailer with the majority of its sales derived from its Ross Dress for Less banner. The firm opportunistically procures excess brand-name merchandise made available via manufacturing overruns and retail liquidation sales at a 20%-60% discount to full prices. As such, its stores are frequently filled with a vast array of stock-keeping units, each with minimal product depth that creates a treasure hunt shopping experience. The firm's more than 1,750 Ross Dress for Less stores are primarily located in densely populated suburban communities and typically serve middle-income consumers. Ross also operates nearly 350 DD's Discounts chains that target lower-income shoppers.

Executives

Stephen C Brinkley	officer: PRESIDENT, OPERATIONS	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael K Kobayashi	officer: SR VP, CIO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Barbara Rentler	director, officer: Chief Executive Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Brian R. Morrow	officer: President, Merchandising	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J. Hartshorn	officer: S.V.P. Chief Financial Officer	5130 HACIENDA DRIVE, DUBLIN CA 94568
Jeffrey P Burrill	officer: SVP, CAO & CORP CONTROLLER	5130 HACIENDA DRIVE, DUBLIN CA 94568
Edward G Cannizzaro	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael J Bush	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Adam M Orvos	officer: EVP, Chief Financial Officer	5130 HACIENDA DRIVE, DUBLIN CA 94566
George Orban	director	5130 HACIENDA DRIVE, DUBLIN CA 94568
Michael Balmuth	director, officer: CEO	5130 HACIENDA DRIVE, DUBLIN CA 94568
Travis Marquette	officer: GSVP, Chief Financial Officer	2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
Doniel Sutton	director	C/O MORNINGSTAR, INC., 22 WEST WASHINGTON STREET, CHICAGO IL 60602
Larree M Renda	director
Patricia H Mueller	director	2481 MANANA DRIVE, DALLAS TX 75220