Stock Analysis on Net

This company has been moved to the archive! The financial data has not been updated since May 26, 2023.

Balance Sheet: Liabilities and Stockholders’ Equity 
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

RH, consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in thousands

Microsoft Excel
Apr 29, 2023 Jan 28, 2023 Oct 29, 2022 Jul 30, 2022 Apr 30, 2022 Jan 29, 2022 Oct 30, 2021 Jul 31, 2021 May 1, 2021 Jan 30, 2021 Oct 31, 2020 Aug 1, 2020 May 2, 2020 Feb 1, 2020 Nov 2, 2019 Aug 3, 2019 May 4, 2019 Feb 2, 2019 Nov 3, 2018 Aug 4, 2018 May 5, 2018 Feb 3, 2018 Oct 28, 2017 Jul 29, 2017 Apr 29, 2017
Accounts payable and accrued expenses 321,743 374,949 389,965 376,132 428,949 442,379 395,148 426,785 389,411 424,422 368,552 340,266 284,980 330,309 288,937 289,713 289,146 320,441 306,860 284,942 264,173 318,765 252,569 271,837 233,395
Deferred revenue and customer deposits 344,944 325,754 361,113 390,710 436,765 387,933 385,070 397,161 363,404 280,641 274,958 230,089 189,048 162,433 167,014 165,511 174,252 152,595 165,065 164,979 172,379 149,404 166,579 176,310 168,177
Convertible senior notes due 2024, net 3,600 56,365 66,503
Convertible senior notes due 2023, net 1,694 1,696 1,702 1,704 9,389 53,242 172,141
Convertible senior notes due 2020, net 295,574 290,532 285,570 280,688
Convertible senior notes due 2019, net 347,918 343,789 339,707 335,670
Convertible senior notes repurchase obligation 313,706
Current operating lease liabilities 81,262 80,384 77,858 75,289 74,309 73,834 74,706 74,074 72,442 71,524 64,879 63,866 61,997 58,924 55,753 57,162 56,601
Other current liabilities 101,860 103,190 104,538 115,068 107,801 146,623 131,779 92,336 190,915 145,045 174,196 150,759 137,336 140,714 106,432 131,883 143,693 101,347 53,441 51,354 59,944 51,166 50,609 47,602 42,349
Current liabilities 851,503 885,973 935,176 958,903 1,361,530 1,063,758 1,096,310 1,229,000 1,016,172 921,632 882,585 784,980 968,935 982,912 903,706 924,957 1,011,610 918,172 865,073 836,945 496,496 519,335 469,757 495,749 443,921
Asset based credit facility 91,600 10,000 145,000 57,500 107,500 219,000 199,970 341,000 283,000
Term loan B, net 1,932,356 1,936,529 1,940,701 1,944,870 1,949,038 1,953,203 1,957,366
Term loan B-2, net 469,091 469,245 469,396 469,546
FILO term loan, net 89,408 119,086 119,065
Second lien term loan, net 197,262 197,140
Term loan, net 79,528 79,499 79,471 176,363
Real estate loans 17,905 17,909 17,912
Equipment promissory notes, net 1,129 1,625 2,115 3,739 14,614 20,363 26,047 28,475 31,053 36,613 42,113 40,208
Convertible senior notes due 2024, net 41,751 41,724 41,696 41,668 80,388 184,461 181,805 223,547 285,721 281,454 277,247 273,100 269,012 264,982 261,010
Convertible senior notes due 2023, net 19,658 59,002 62,214 93,867 288,136 282,956 280,536 275,837 271,211 266,658 262,177 257,766 253,424 249,151 244,944 240,804
Convertible senior notes due 2020, net 275,884 271,157 266,506 261,929 257,425 252,994 248,633 244,342 240,120
Convertible senior notes due 2019, net 331,678 327,731 323,828 319,969 316,153
Non-current operating lease liabilities 504,479 505,809 521,093 527,445 533,074 540,513 538,886 542,510 532,142 448,169 405,432 406,012 395,641 409,930 412,247 415,803 427,961
Non-current finance lease liabilities 648,792 653,050 656,643 661,001 594,728 560,550 549,098 523,797 501,118 485,481 488,660 492,136 439,470 442,988 431,379 433,591 436,228
Deferred tax liabilities 6,402 6,315
Financing obligations under build-to-suit lease transactions 228,928 220,708 225,700 227,979 229,323 230,259 226,231 220,019
Deferred rent and lease incentives 53,742 54,501 54,821 54,965 54,983 63,499 63,887 61,094
Other non-current obligations 8,165 8,074 7,151 7,770 7,731 7,577 11,346 15,458 15,827 16,981 27,558 28,206 28,017 28,520 28,693 30,148 31,685 50,346 52,073 47,847 73,248 76,367 70,395 56,652 44,301
Non-current liabilities 3,628,941 3,638,655 3,654,592 3,652,300 3,184,617 3,306,435 3,302,340 1,401,294 1,626,683 1,529,655 1,499,796 1,592,938 1,441,826 1,444,131 1,521,527 1,640,769 1,781,595 910,824 946,232 831,101 1,243,823 1,220,867 1,357,085 1,370,444 881,687
Total liabilities 4,480,444 4,524,628 4,589,768 4,611,203 4,546,147 4,370,193 4,398,650 2,630,294 2,642,855 2,451,287 2,382,381 2,377,918 2,410,761 2,427,043 2,425,233 2,565,726 2,793,205 1,828,996 1,811,305 1,668,046 1,740,319 1,740,202 1,826,842 1,866,193 1,325,608
Preferred stock, $0.0001 par value per share, no shares issued or outstanding
Common stock, $0.0001 par value per share 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 3
Additional paid-in capital 257,616 247,076 313,887 334,054 575,635 620,577 616,142 613,627 597,329 581,897 566,436 444,378 436,799 430,662 416,946 355,010 362,986 356,422 934,199 944,610 870,751 860,288 843,965 834,885 798,467
Accumulated other comprehensive income (loss) (108) (2,403) (12,685) (7,795) (5,555) (1,410) 1,168 3,265 3,913 2,565 (1,938) (1,842) (5,132) (2,760) (2,481) (2,780) (3,270) (2,333) (2,300) (1,918) (1,436) (171) (1,527) (804) (2,873)
Retained earnings (accumulated deficit) 581,876 539,986 992,743 893,983 771,708 551,108 404,063 219,964 (6,782) (137,438) (267,631) (314,042) (412,465) (409,253) (477,687) (530,150) (356,816) (376,810) 245,870 223,459 159,417 152,394 152,133 138,982 146,844
Treasury stock, at cost (5) (72) (250,275) (243) (1,145,751) (1,020,092) (1,020,092) (1,019,849) (1,019,849) (1,019,849) (319,663)
Stockholders’ equity (deficit) 839,386 784,661 1,293,947 1,220,244 1,341,790 1,170,277 1,021,375 836,858 594,462 447,026 296,869 128,491 19,132 18,651 (63,220) (177,918) (247,373) (22,962) 32,020 146,061 8,642 (7,336) (25,276) (46,784) 622,778
Total liabilities and stockholders’ equity (deficit) 5,319,830 5,309,289 5,883,715 5,831,447 5,887,937 5,540,470 5,420,025 3,467,152 3,237,317 2,898,313 2,679,250 2,506,409 2,429,893 2,445,694 2,362,013 2,387,808 2,545,832 1,806,034 1,843,325 1,814,107 1,748,961 1,732,866 1,801,566 1,819,409 1,948,386

Based on: 10-Q (reporting date: 2023-04-29), 10-K (reporting date: 2023-01-28), 10-Q (reporting date: 2022-10-29), 10-Q (reporting date: 2022-07-30), 10-Q (reporting date: 2022-04-30), 10-K (reporting date: 2022-01-29), 10-Q (reporting date: 2021-10-30), 10-Q (reporting date: 2021-07-31), 10-Q (reporting date: 2021-05-01), 10-K (reporting date: 2021-01-30), 10-Q (reporting date: 2020-10-31), 10-Q (reporting date: 2020-08-01), 10-Q (reporting date: 2020-05-02), 10-K (reporting date: 2020-02-01), 10-Q (reporting date: 2019-11-02), 10-Q (reporting date: 2019-08-03), 10-Q (reporting date: 2019-05-04), 10-K (reporting date: 2019-02-02), 10-Q (reporting date: 2018-11-03), 10-Q (reporting date: 2018-08-04), 10-Q (reporting date: 2018-05-05), 10-K (reporting date: 2018-02-03), 10-Q (reporting date: 2017-10-28), 10-Q (reporting date: 2017-07-29), 10-Q (reporting date: 2017-04-29).

Accounts payable and accrued expenses
The balance fluctuated considerably over the periods, with a general upward trend peaking at 442,379 thousand USD around April 2022, followed by a decline to 321,743 thousand USD by April 2023. This indicates variability in short-term obligations or timing of payments.
Deferred revenue and customer deposits
Values showed an increasing trend from April 2017 (168,177 thousand USD) to a peak near 436,765 thousand USD in April 2022. Subsequently, there was a noticeable decrease, ending at 344,944 thousand USD in April 2023, suggesting changes in customer prepayments or service obligations.
Convertible senior notes
Different series of convertible notes were reported with varying maturity dates. Notes due 2019 and 2020 showed a steady presence and gradual amortization. Series due in 2023 and 2024 emerged later, peaking then declining notably towards the end of the data range. Repurchase obligations appeared once in the data, indicating refinancing or debt restructuring activities in recent years.
Current operating lease liabilities
Current operating lease liabilities displayed a generally increasing trend, expanding from approximately 56,601 thousand USD in early periods to over 81,262 thousand USD by April 2023, suggesting greater lease commitments or lease capitalization.
Other current liabilities
These liabilities spiked sharply in several periods, notably reaching above 190,000 thousand USD at points, but showed considerable volatility over time. The lack of a consistent trend may reflect episodic liabilities or accrual adjustments.
Total current liabilities
Current liabilities rose substantially from 443,921 thousand USD in April 2017 to a peak exceeding 1.36 million thousand USD in April 2022, before declining to 851,503 thousand USD by April 2023. This reflects increased short-term debt or obligations with a partial reversal in the last observed period.
Term loans and other debt instruments
Term loan B and B-2 appear in the latter periods with values above 1.9 million thousand USD and almost 470,000 thousand USD respectively, indicating significant long-term borrowings. Other loans such as FILO and second lien term loans are noted but less consistent, reflecting various phases of debt issuance and repayment.
Non-current operating and finance lease liabilities
These long-term lease liabilities increased consistently over time, with finance lease liabilities growing from around 436,228 thousand USD to above 648,792 thousand USD and operating lease liabilities rising similarly. This trend suggests expanding lease commitments recognized under evolving leasing standards.
Other non-current obligations and deferred items
Non-current other obligations gradually declined, indicating repayments or reclassifications. Deferred rent and lease incentives decreased over the periods, consistent with lease amortization and decreased obligations under lease agreements.
Total non-current liabilities
Non-current liabilities increased sharply in 2019 and again in 2021, reaching peaks above 3.6 million thousand USD, reflecting increased long-term debt and lease liabilities. The substantial increase from approximately 1.4 million to over 3.6 million thousand USD indicates significant financing activities or long-term obligations accrued in the recent years.
Total liabilities
Total liabilities exhibited strong growth from around 1.3 million thousand USD in April 2017 to peaks close to 4.6 million thousand USD by 2022, followed by slight reduction. This emphasizes the company's expanded leverage and financing activities over the observed periods.
Stockholders' equity
Equity fluctuated significantly, turning negative in some early periods but generally recovering and rising to over 1.3 million thousand USD around October 2021. Subsequently, equity experienced decline to approximately 784,661 thousand USD by April 2023, indicating volatility in retained earnings, treasury stock transactions, and comprehensive income components.
Retained earnings
Retained earnings evolved from moderate levels to a deep deficit in late 2017 and early 2018, followed by steady improvement to strong positive balances exceeding 992,743 thousand USD by late 2022. This reflects periods of losses or adjustments followed by profitable operations or accounting recoveries.
Accumulated other comprehensive income (loss)
This component showed wide movements ranging from losses near -12,685 thousand USD to gains exceeding 3,900 thousand USD, reflecting fluctuating unrealized gains/losses or other comprehensive income impacts on equity.
Treasury stock
Treasury stock values showed dramatic swings, indicating significant repurchases or disposals of own shares over the periods, affecting the overall equity balance and capital structure.
Total liabilities and stockholders’ equity
The sum total increased notably from 1.94 million thousand USD in April 2017 to over 5.8 million thousand USD by late 2021 and into 2022, then slightly declined, indicating growth in the company's asset base funded by a mix of liabilities and equity.
Overall insights
The data reflects a company undergoing significant financing changes, with increasing reliance on both short-term and long-term liabilities, including complex convertible debt instruments and growing lease obligations. Equity components display volatility likely linked to operational performance and capital market transactions. The increasing trend in liabilities and equity suggests expansion or investment activity, balanced by subsequent debt repayments and equity adjustments in recent periods.