Analysis of Debt
Paying user area
Try for free
RH pages available for free this week:
- Balance Sheet: Liabilities and Stockholders’ Equity
- Common-Size Balance Sheet: Assets
- Analysis of Profitability Ratios
- Analysis of Short-term (Operating) Activity Ratios
- Analysis of Reportable Segments
- Enterprise Value to FCFF (EV/FCFF)
- Net Profit Margin since 2013
- Return on Equity (ROE) since 2013
- Price to Earnings (P/E) since 2013
- Aggregate Accruals
The data is hidden behind: . Unhide it.
Get full access to the entire website from $10.42/mo, or
get 1-month access to RH for $22.49.
This is a one-time payment. There is no automatic renewal.
We accept:
Total Debt (Carrying Amount)
RH, balance sheet: debt
US$ in thousands
Based on: 10-K (reporting date: 2023-01-28), 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).
| Debt item | Description | The company |
|---|---|---|
| Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | RH total debt increased from 2021 to 2022 and from 2022 to 2023. |
Total Debt (Fair Value)
| Jan 28, 2023 | |
|---|---|
| Selected Financial Data (US$ in thousands) | |
| Convertible senior notes due 2024 | |
| Convertible senior notes due 2023 | |
| Convertible senior notes due 2020 | |
| Convertible senior notes due 2019 | |
| Asset based credit facility | |
| Term loan B | |
| Term loan B-2 | |
| Term loan | |
| Real estate loans | |
| Equipment promissory notes | |
| Finance lease liabilities | |
| Total debt (fair value) | |
| Financial Ratio | |
| Debt, fair value to carrying amount ratio | |
Based on: 10-K (reporting date: 2023-01-28).
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: 2023-01-28).
1 US$ in thousands
2 Weighted-average interest rate = 100 × ÷ =
Interest Costs Incurred
RH, interest costs incurred
US$ in thousands
| 12 months ended: | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | Feb 2, 2019 | Feb 3, 2018 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | |||||||||||||
| Capitalized interest for capital projects | |||||||||||||
| Interest costs incurred |
Based on: 10-K (reporting date: 2023-01-28), 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).
| Debt item | Description | The company |
|---|---|---|
| Interest expense | Amount of the cost of borrowed funds accounted for as interest expense for debt. | RH interest expense decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level. |
| Capitalized interest for capital projects | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | RH capitalized interest for capital projects increased from 2021 to 2022 but then decreased significantly from 2022 to 2023. |
| Interest costs incurred | Total interest costs incurred during the period and either capitalized or charged against earnings. | RH interest costs incurred increased from 2021 to 2022 and from 2022 to 2023. |
Adjusted Interest Coverage Ratio
Based on: 10-K (reporting date: 2023-01-28), 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).
2023 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). | RH adjusted interest coverage ratio improved from 2021 to 2022 but then deteriorated significantly from 2022 to 2023. |