Ross Stores Balance Sheet Health
Financial Health criteria checks 5/6
Ross Stores has a total shareholder equity of $5.3B and total debt of $2.2B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are $14.9B and $9.6B respectively. Ross Stores's EBIT is $2.6B making its interest coverage ratio -14.1. It has cash and short-term investments of $4.3B.
Key information
42.1%
Debt to equity ratio
US$2.21b
Debt
| Interest coverage ratio | -14.1x |
| Cash | US$4.35b |
| Equity | US$5.26b |
| Total liabilities | US$9.64b |
| Total assets | US$14.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KXO's short term assets ($7.6B) exceed its short term liabilities ($4.8B).
Long Term Liabilities: 0KXO's short term assets ($7.6B) exceed its long term liabilities ($4.8B).
Debt to Equity History and Analysis
Debt Level: 0KXO has more cash than its total debt.
Reducing Debt: 0KXO's debt to equity ratio has increased from 9.5% to 42.1% over the past 5 years.
Debt Coverage: 0KXO's debt is well covered by operating cash flow (109.5%).
Interest Coverage: 0KXO earns more interest than it pays, so coverage of interest payments is not a concern.