Stock Analysis on Net

Ross Stores Inc. (NASDAQ:ROST)

$22.49

This company has been moved to the archive! The financial data has not been updated since December 7, 2022.

Analysis of Debt

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Total Debt (Carrying Amount)

Ross Stores Inc., balance sheet: debt

US$ in thousands

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Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Current portion of long-term debt
Long-term debt, excluding current portion
Total senior Notes (carrying amount)

Based on: 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).

Debt item Description The company
Total senior Notes (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Ross Stores Inc. total debt increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.

Total Debt (Fair Value)

Microsoft Excel
Jan 29, 2022
Selected Financial Data (US$ in thousands)
Total senior Notes (fair value)
Financial Ratio
Debt, fair value to carrying amount ratio

Based on: 10-K (reporting date: 2022-01-29).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt:

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
Total

Based on: 10-K (reporting date: 2022-01-29).

1 US$ in thousands

2 Weighted-average interest rate = 100 × ÷ =


Interest Costs Incurred

Ross Stores Inc., interest costs incurred

US$ in thousands

Microsoft Excel
12 months ended: Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Interest expense
Capitalized interest
Interest costs incurred

Based on: 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).

Debt item Description The company
Interest expense Amount of the cost of borrowed funds accounted for as interest expense for debt. Ross Stores Inc. interest expense increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.
Capitalized interest Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. Ross Stores Inc. capitalized interest increased from 2020 to 2021 and from 2021 to 2022.
Interest costs incurred Total interest costs incurred during the period and either capitalized or charged against earnings. Ross Stores Inc. interest costs incurred increased from 2020 to 2021 but then slightly decreased from 2021 to 2022.

Adjusted Interest Coverage Ratio

Microsoft Excel
Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018 Jan 28, 2017
Selected Financial Data (US$ in thousands)
Net earnings
Add: Income tax expense
Add: Interest expense
Earnings before interest and tax (EBIT)
 
Interest costs incurred
Financial Ratio With and Without Capitalized Interest
Interest coverage ratio (without capitalized interest)1
Adjusted interest coverage ratio (with capitalized interest)2

Based on: 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).

2022 Calculations

1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= ÷ =

2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest costs incurred
= ÷ =


Solvency ratio Description The company
Adjusted interest coverage ratio A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). Ross Stores Inc. adjusted interest coverage ratio deteriorated from 2020 to 2021 but then slightly improved from 2021 to 2022.