Stock Analysis on Net
Stock Analysis on Net

RH (NYSE:RH)

This company has been moved to the archive! The financial data has not been updated since May 26, 2023.

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

RH, common-size consolidated balance sheet: liabilities and stockholders’ equity

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Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Feb 2, 2019 Feb 3, 2018
Accounts payable 3.13 4.37 7.76 7.39 10.13 11.27
Accrued compensation 1.44 1.75 2.93 2.64 3.55 2.74
Accrued occupancy 0.54 0.51 0.61 0.49 0.60 0.50
Accrued sales taxes 0.36 0.45 0.82 0.80 1.02 1.13
Accrued freight and duty 0.33 0.40 1.03 1.03 1.15 1.37
Accrued interest 0.27 0.09 0.00 0.00 0.00 0.00
Accrued legal reserves 0.17 0.03 0.00 0.00 0.00 0.00
Accrued professional fees 0.14 0.11 0.19 0.18 0.11 0.21
Accrued catalog costs 0.09 0.07 0.15 0.34 0.57 0.52
Other accrued expenses 0.59 0.22 0.67 0.63 0.61 0.66
Deferred consideration for asset purchase 0.00 0.00 0.50 0.00 0.00 0.00
Accounts payable and accrued expenses 7.06% 7.98% 14.64% 13.51% 17.74% 18.40%
Deferred revenue and customer deposits 6.14 7.00 9.68 6.64 8.45 8.62
Convertible senior notes due 2024, net 0.00 0.06 0.00 0.00 0.00 0.00
Convertible senior notes due 2023, net 0.03 0.17 0.08 0.00 0.00 0.00
Convertible senior notes due 2020, net 0.00 0.00 0.00 11.88 0.00 0.00
Convertible senior notes due 2019, net 0.00 0.00 0.00 0.00 19.04 0.00
Current operating lease liabilities 1.51 1.33 2.47 2.41 0.00 0.00
Unredeemed gift card and merchandise credit liability 0.50 0.41 0.66 0.68 0.95 1.39
Current portion of term loans 0.47 0.36 0.00 0.00 0.00 0.00
Allowance for sales returns 0.39 0.46 0.88 0.79 1.10 0.61
Current finance lease liabilities 0.32 0.28 0.51 0.38 0.06 0.03
Foreign tax payable 0.08 0.00 0.00 0.00 0.00 0.00
Current portion of equipment promissory notes 0.02 0.25 0.78 0.90 0.05 0.35
Federal and state tax payable 0.00 0.57 1.71 0.56 0.00 0.31
Promissory notes on asset under construction 0.00 0.00 0.00 2.17 0.00 0.00
Provision for legal settlement 0.00 0.00 0.00 0.00 2.77 0.00
Other current liabilities 0.15 0.33 0.38 0.29 0.68 0.26
Other current liabilities 1.94% 2.65% 4.92% 5.75% 5.61% 2.95%
Current liabilities 16.69% 19.20% 31.80% 40.19% 50.84% 29.97%
Asset based credit facility 0.00 0.00 0.00 0.00 3.18 11.54
Term loan B, net 36.47 35.25 0.00 0.00 0.00 0.00
Term loan B-2, net 8.84 0.00 0.00 0.00 0.00 0.00
Term loan, net 0.00 0.00 0.00 0.00 0.00 4.59
Real estate loans 0.34 0.00 0.00 0.00 0.00 0.00
Convertible senior notes due 2024, net 0.79 3.33 9.71 10.83 0.00 0.00
Convertible senior notes due 2023, net 0.00 1.06 9.76 10.90 13.80 0.00
Convertible senior notes due 2020, net 0.00 0.00 0.00 0.00 15.01 14.60
Convertible senior notes due 2019, net 0.00 0.00 0.00 0.00 0.00 18.91
Non-current operating lease liabilities 9.53 9.76 15.46 16.76 0.00 0.00
Non-current finance lease liabilities 12.30 10.12 16.75 18.11 0.43 0.43
Deferred tax liabilities 0.12 0.00 0.00 0.00 0.00 0.00
Financing obligations under build-to-suit lease transactions 0.00 0.00 0.00 0.00 12.68 13.23
Deferred rent and lease incentives 0.00 0.00 0.00 0.00 2.98 3.17
Unrecognized tax benefits 0.06 0.06 0.11 0.12 0.17 0.22
Non-current portion of equipment promissory notes, net 0.00 0.02 0.50 1.27 0.00 0.00
Other non-current obligations 0.10 0.07 0.32 1.04 2.19 3.76
Deferred payroll taxes 0.00 0.00 0.15 0.00 0.00 0.00
Other non-current obligations 0.15% 0.16% 1.09% 2.44% 2.36% 3.97%
Non-current liabilities 68.53% 59.68% 52.78% 59.05% 50.43% 70.45%
Total liabilities 85.22% 78.88% 84.58% 99.24% 101.27% 100.42%
Preferred stock, $0.0001 par value per share, no shares issued or outstanding 0.00 0.00 0.00 0.00 0.00 0.00
Common stock, $0.0001 par value per share 0.00 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 4.65 11.20 20.08 17.61 19.74 49.65
Accumulated other comprehensive income (loss) -0.05 -0.03 0.09 -0.11 -0.13 -0.01
Retained earnings (accumulated deficit) 10.17 9.95 -4.74 -16.73 -20.86 8.79
Treasury stock, at cost 0.00 0.00 0.00 0.00 -0.01 -58.85
Stockholders’ equity (deficit) 14.78% 21.12% 15.42% 0.76% -1.27% -0.42%
Total liabilities and stockholders’ equity (deficit) 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

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).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. RH current liabilities as a percentage of total liabilities and stockholders’ equity (deficit) decreased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. RH non-current liabilities as a percentage of total liabilities and stockholders’ equity (deficit) increased from 2021 to 2022 and from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. RH total liabilities as a percentage of total liabilities and stockholders’ equity (deficit) decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Stockholders’ equity (deficit) Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. RH stockholders’ equity (deficit) as a percentage of total liabilities and stockholders’ equity (deficit) increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.