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 49.8%. Its total assets and total liabilities are $14.5B and $9.5B respectively. Ross Stores's EBIT is $2.4B making its interest coverage ratio -13.7. It has cash and short-term investments of $4.7B.
Key information
49.8%
Debt to equity ratio
US$2.46b
Debt
Interest coverage ratio | -13.7x |
Cash | US$4.65b |
Equity | US$4.95b |
Total liabilities | US$9.54b |
Total assets | US$14.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROST34's short term assets ($7.5B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: ROST34's short term assets ($7.5B) exceed its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: ROST34 has more cash than its total debt.
Reducing Debt: ROST34's debt to equity ratio has increased from 9.6% to 49.8% over the past 5 years.
Debt Coverage: ROST34's debt is well covered by operating cash flow (100.3%).
Interest Coverage: ROST34 earns more interest than it pays, so coverage of interest payments is not a concern.