Ross Stores Balance Sheet Health
Financial Health criteria checks 5/6
Ross Stores has a total shareholder equity of $5.1B and total debt of $2.5B, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $14.7B and $9.5B respectively. Ross Stores's EBIT is $2.5B making its interest coverage ratio -13.8. It has cash and short-term investments of $4.7B.
Key information
48.0%
Debt to equity ratio
US$2.46b
Debt
| Interest coverage ratio | -13.8x |
| Cash | US$4.67b |
| Equity | US$5.13b |
| Total liabilities | US$9.55b |
| Total assets | US$14.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROST's short term assets ($7.6B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: ROST's short term assets ($7.6B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: ROST has more cash than its total debt.
Reducing Debt: ROST's debt to equity ratio has increased from 9.5% to 48% over the past 5 years.
Debt Coverage: ROST's debt is well covered by operating cash flow (95.8%).
Interest Coverage: ROST earns more interest than it pays, so coverage of interest payments is not a concern.