Ross Stores Balance Sheet Health
Financial Health criteria checks 5/6
Ross Stores has a total shareholder equity of $4.9B and total debt of $2.5B, which brings its debt-to-equity ratio to 50.5%. Its total assets and total liabilities are $14.3B and $9.4B respectively. Ross Stores's EBIT is $2.3B making its interest coverage ratio -14.1. It has cash and short-term investments of $4.9B.
Key information
50.5%
Debt to equity ratio
US$2.46b
Debt
Interest coverage ratio | -14.1x |
Cash | US$4.87b |
Equity | US$4.87b |
Total liabilities | US$9.43b |
Total assets | US$14.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROST's short term assets ($7.4B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: ROST's short term assets ($7.4B) exceed its long term liabilities ($5.2B).
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 10.5% to 50.5% over the past 5 years.
Debt Coverage: ROST's debt is well covered by operating cash flow (102.2%).
Interest Coverage: ROST earns more interest than it pays, so coverage of interest payments is not a concern.