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RH Current Ratio

: 2.50 (As of Apr. 2022)
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The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. RH's current ratio for the quarter that ended in Apr. 2022 was 2.50.

RH has a current ratio of 2.50. It generally indicates good short-term financial strength.

The historical rank and industry rank for RH's Current Ratio or its related term are showing as below:

RH' s Current Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.99   Max: 3.06
Current: 2.5

During the past 13 years, RH's highest Current Ratio was 3.06. The lowest was 0.61. And the median was 1.99.

RH's Current Ratio is ranked better than
74.8% of 1123 companies
in the Retail - Cyclical industry
Industry Median: 1.57 vs RH: 2.50

RH Current Ratio Historical Data

The historical data trend for RH's Current Ratio 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.

RH Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Current Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.24 0.71 0.61 0.87 2.91

RH Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
Current Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.93 2.75 2.91 2.50

Competitive Comparison

For the Specialty Retail subindustry, RH's Current Ratio, along with its competitors' market caps and Current Ratio 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.

   

RH Current Ratio Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, RH's Current Ratio distribution charts can be found below:

* The bar in red indicates where RH's Current Ratio falls into.



RH Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

RH's Current Ratio for the fiscal year that ended in Jan. 2022

Current Ratio (A: Jan. 2022 )=Total Current Assets (A: Jan. 2022 )/Total Current Liabilities (A: Jan. 2022 )
=3091.442/1063.758
=2.91

RH's Current Ratio for the quarter that ended in Apr. 2022 is calculated as

Current Ratio (Q: Apr. 2022 )=Total Current Assets (Q: Apr. 2022 )/Total Current Liabilities (Q: Apr. 2022 )
=3399.061/1361.53
=2.50

* 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.


RH  (NYSE:RH) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


RH Current Ratio Related Terms

Thank you for viewing the detailed overview of RH's Current Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


RH Business Description

RH logo
Address
15 Koch Road, Suite K, Corte Madera, CA, USA, 94925
RH is a luxury retailer operating in the $112 billion furniture and home furnishing industry. The company offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and more and is growing the presence of its hospitality business (with 12 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). The company is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with the launch of its World of RH digital platform in 2022, along with future offerings in contemporary, antique, bespoke furniture, couture upholstery, and more.
Executives
Preston Jack M officer: CHIEF FINANCIAL OFFICER 15 KOCH ROAD, SUITE K CORTE MADERA CA 94925
Lee Edward T officer: SEE REMARKS C/O RH, 15 KOCH ROAD, SUITE K CORTE MADERA CA 94925
Hargarten Christina officer: See Remarks 15 KOCH ROAD SUITE K CORTE MADERA CA 94925
Citragno Glenda M officer: Chief Accounting Officer 15 KOCH ROAD CORTE MADERA CA 94925
Blignaut Ryno officer: See Remarks C/O XOOM CORPORATION 100 BUSH STREET, SUITE 300 SAN FRANCISCO CA 94104
Stanchak David officer: See Remarks C/O RH, 15 KOCH ROAD, SUITE K CORTE MADERA CA 94925
Stangl Sandra officer: See Remarks 3250 VAN NESS AVENUE SAN FRANCISCO CA 94109
Krane Hilary K director ONE BOWERMAN DRIVE BEAVERTON OR 97005
Belling Keith director C/O RESTORATION HARDWARE HOLDINGS, INC. 15 KOCH ROAD, SUITE K CORTE MADERA CA 94925
Mitic Kathleen C. director C/O EBAY INC. 2065 HAMILTON AVENUE SAN JOSE CA 95125
Rowghani Ali director 101 SECOND STREET SUITE 1400 SAN FRANCISCO CA 94105
Schlesinger Leonard A director THREE LIMITED PARKWAY COLUMBUS OH 43230
Price Demonty officer: Please See Remarks C/O RESTORATION HARDWARE HOLDINGS, INC. 15 KOCH ROAD, SUITE K CORTE MADERA CA 94925
Chaya Eri officer: See Remarks 1981 14TH AVE SAN FRANCISCO CA 94116
Boone Karen officer: See Remarks 15 KOCH ROAD SUITE J CORTE MADERA CA 94925

RH Headlines

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