Debt to Equity
since 2013
Paying user area
Try for free
RH pages available for free this week:
- Cash Flow Statement
- DuPont Analysis: Disaggregation of ROE, ROA, and Net Profit Margin
- Enterprise Value to EBITDA (EV/EBITDA)
- Price to FCFE (P/FCFE)
- Dividend Discount Model (DDM)
- Current Ratio since 2013
- Total Asset Turnover since 2013
- Price to Book Value (P/BV) since 2013
- Analysis of Revenues
- Analysis of Debt
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to RH for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Calculation
RH, debt to equity, long-term trends, calculation
| Debt to equity | = | Total debt1 | ÷ | Stockholders’ equity (deficit)1 | |
|---|---|---|---|---|---|
| Jan 28, 2023 | = | ÷ | |||
| Jan 29, 2022 | = | ÷ | |||
| Jan 30, 2021 | = | ÷ | |||
| Feb 1, 2020 | = | ÷ | |||
| Feb 2, 2019 | = | ÷ | |||
| Feb 3, 2018 | = | ÷ | |||
| Jan 28, 2017 | = | ÷ | |||
| Jan 30, 2016 | = | ÷ | |||
| Jan 31, 2015 | = | ÷ | |||
| Feb 1, 2014 | = | ÷ | |||
| Feb 2, 2013 | = | ÷ |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).
1 US$ in thousands
- Total Debt
- The total debt demonstrates a pronounced upward trend over the observed period. Starting at approximately 82 million US dollars in early 2013, the debt level increased substantially after 2014, reaching over 3120 million US dollars by early 2023. Notable increases are observed between 2017 and 2022, where debt more than quadrupled. Some temporary deceleration in growth occurred around 2020 and 2021, but the overall trajectory is sharply rising.
- Stockholders’ Equity (Deficit)
- Stockholders’ equity showed consistent growth from 2013 through 2017, peaking near 920 million US dollars in early 2017. However, a dramatic reversal occurs in 2018 and 2019, where equity turns negative, reaching deficits of approximately -7 million and -23 million respectively. From 2020 onwards, equity recovers, becoming positive again and reaching over one billion US dollars by early 2022. A decline is observed again in early 2023, with equity falling to around 785 million US dollars. Thus, equity exhibits volatility with periods of growth, sharp contraction, and recovery.
- Debt to Equity Ratio
- This ratio reflects the relationship between debt and equity and exhibits significant volatility. Until 2017, the ratio increases moderately from 0.16 to 0.6, paralleling rising debt and equity. No data is available for 2018 and 2019. An anomalous spike occurs in 2020, with the ratio surging to 69.5, likely reflecting the near-zero equity at that time. Subsequent years show the ratio stabilizing at lower levels (2.38 in 2021 and 2022), yet still indicating a high leverage position relative to earlier years. In 2023, the ratio jumps again to 3.98, signaling an increased reliance on debt financing relative to equity.
- Overall Analysis
- The financial data suggests a company undergoing significant financial restructuring and leverage changes. Total debt steadily escalates, indicating increased borrowing or liabilities. Equity's fluctuation, including periods of deficit, points to potential equity erosion or losses during some years, followed by periods of recovery. The extreme volatility in the debt to equity ratio underscores periods of financial stress or major capital structure adjustments. The heightened leverage and equity fluctuations in recent years warrant careful attention to solvency risk and capital management strategies.
Comparison to Competitors
RH, debt to equity, long-term trends, comparison to competitors
| RH | Amazon.com Inc. | Home Depot Inc. | Lowe’s Cos. Inc. | TJX Cos. Inc. | |
|---|---|---|---|---|---|
| Jan 28, 2023 | |||||
| Jan 29, 2022 | |||||
| Jan 30, 2021 | |||||
| Feb 1, 2020 | |||||
| Feb 2, 2019 | |||||
| Feb 3, 2018 | |||||
| Jan 28, 2017 | |||||
| Jan 30, 2016 | |||||
| Jan 31, 2015 | |||||
| Feb 1, 2014 | |||||
| Feb 2, 2013 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).
Comparison to Sector (Consumer Discretionary Distribution & Retail)
RH, debt to equity, long-term trends, comparison to sector (consumer discretionary distribution & retail)
| RH | Consumer Discretionary Distribution & Retail | |
|---|---|---|
| Jan 28, 2023 | ||
| Jan 29, 2022 | ||
| Jan 30, 2021 | ||
| Feb 1, 2020 | ||
| Feb 2, 2019 | ||
| Feb 3, 2018 | ||
| Jan 28, 2017 | ||
| Jan 30, 2016 | ||
| Jan 31, 2015 | ||
| Feb 1, 2014 | ||
| Feb 2, 2013 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).
Comparison to Industry (Consumer Discretionary)
RH, debt to equity, long-term trends, comparison to industry (consumer discretionary)
| RH | Consumer Discretionary | |
|---|---|---|
| Jan 28, 2023 | ||
| Jan 29, 2022 | ||
| Jan 30, 2021 | ||
| Feb 1, 2020 | ||
| Feb 2, 2019 | ||
| Feb 3, 2018 | ||
| Jan 28, 2017 | ||
| Jan 30, 2016 | ||
| Jan 31, 2015 | ||
| Feb 1, 2014 | ||
| Feb 2, 2013 |
Based on: 10-K (reporting date: 2023-01-28), 10-K (reporting date: 2022-01-29), 10-K (reporting date: 2021-01-30), 10-K (reporting date: 2020-02-01), 10-K (reporting date: 2019-02-02), 10-K (reporting date: 2018-02-03), 10-K (reporting date: 2017-01-28), 10-K (reporting date: 2016-01-30), 10-K (reporting date: 2015-01-31), 10-K (reporting date: 2014-02-01), 10-K (reporting date: 2013-02-02).