Analysis of Solvency Ratios
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
Williams-Sonoma Inc., solvency ratios
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | |
| Debt to equity ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Williams-Sonoma Inc. debt to equity ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | |
| Debt to capital ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Williams-Sonoma Inc. debt to capital ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | |
| Debt to assets ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Williams-Sonoma Inc. debt to assets ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Williams-Sonoma Inc. financial leverage ratio decreased from 2022 to 2023 and from 2023 to 2024. |
| Solvency ratio | Description | The company |
|---|---|---|
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Williams-Sonoma Inc. fixed charge coverage ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |
Debt to Equity
Williams-Sonoma Inc., debt to equity calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Stockholders’ equity | 2,127,861) | 1,701,051) | 1,664,207) | 1,651,185) | 1,235,860) | 1,155,714) | |
| Solvency Ratio | |||||||
| Debt to equity1 | 0.00 | 0.00 | 0.00 | 0.18 | 0.24 | 0.26 | |
| Benchmarks | |||||||
| Debt to Equity, Competitors2 | |||||||
| Amazon.com Inc. | — | 0.39 | 0.59 | 0.54 | 0.66 | 0.83 | |
| Home Depot Inc. | 42.25 | 27.65 | — | 11.29 | — | — | |
| Lowe’s Cos. Inc. | — | — | — | 15.16 | 9.79 | 4.45 | |
| TJX Cos. Inc. | 0.39 | 0.53 | 0.56 | 1.04 | 0.38 | 0.44 | |
| Debt to Equity, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.82 | 1.06 | 0.93 | 1.17 | 1.44 | |
| Debt to Equity, Industry | |||||||
| Consumer Discretionary | — | 1.37 | 1.54 | 1.52 | 2.37 | 2.78 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 0 ÷ 2,127,861 = 0.00
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. |
Debt to Equity (including Operating Lease Liability)
Williams-Sonoma Inc., debt to equity (including operating lease liability) calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Current operating lease liabilities | 234,517) | 231,965) | 217,409) | 209,754) | 227,923) | —) | |
| Long-term operating lease liabilities | 1,156,104) | 1,211,693) | 1,066,839) | 1,025,057) | 1,094,579) | —) | |
| Total debt (including operating lease liability) | 1,390,621) | 1,443,658) | 1,284,248) | 1,534,161) | 1,622,320) | 299,620) | |
| Stockholders’ equity | 2,127,861) | 1,701,051) | 1,664,207) | 1,651,185) | 1,235,860) | 1,155,714) | |
| Solvency Ratio | |||||||
| Debt to equity (including operating lease liability)1 | 0.65 | 0.85 | 0.77 | 0.93 | 1.31 | 0.26 | |
| Benchmarks | |||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||
| Amazon.com Inc. | — | 0.77 | 1.06 | 0.96 | 1.08 | 1.25 | |
| Home Depot Inc. | 50.04 | 32.24 | — | 13.16 | — | — | |
| Lowe’s Cos. Inc. | — | — | — | 18.24 | 12.04 | 4.45 | |
| TJX Cos. Inc. | 1.72 | 2.00 | 2.08 | 2.66 | 1.93 | 0.44 | |
| Debt to Equity (including Operating Lease Liability), Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 1.31 | 1.67 | 1.46 | 1.76 | 1.82 | |
| Debt to Equity (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | — | 1.72 | 1.94 | 1.90 | 2.84 | 3.08 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 1,390,621 ÷ 2,127,861 = 0.65
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | Williams-Sonoma Inc. debt to equity ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Debt to Capital
Williams-Sonoma Inc., debt to capital calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Stockholders’ equity | 2,127,861) | 1,701,051) | 1,664,207) | 1,651,185) | 1,235,860) | 1,155,714) | |
| Total capital | 2,127,861) | 1,701,051) | 1,664,207) | 1,950,535) | 1,535,678) | 1,455,334) | |
| Solvency Ratio | |||||||
| Debt to capital1 | 0.00 | 0.00 | 0.00 | 0.15 | 0.20 | 0.21 | |
| Benchmarks | |||||||
| Debt to Capital, Competitors2 | |||||||
| Amazon.com Inc. | — | 0.28 | 0.37 | 0.35 | 0.40 | 0.45 | |
| Home Depot Inc. | 0.98 | 0.97 | 1.04 | 0.92 | 1.11 | 1.07 | |
| Lowe’s Cos. Inc. | 1.72 | 1.72 | 1.24 | 0.94 | 0.91 | 0.82 | |
| TJX Cos. Inc. | 0.28 | 0.35 | 0.36 | 0.51 | 0.27 | 0.31 | |
| Debt to Capital, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.45 | 0.51 | 0.48 | 0.54 | 0.59 | |
| Debt to Capital, Industry | |||||||
| Consumer Discretionary | — | 0.58 | 0.61 | 0.60 | 0.70 | 0.74 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to capital = Total debt ÷ Total capital
= 0 ÷ 2,127,861 = 0.00
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. |
Debt to Capital (including Operating Lease Liability)
Williams-Sonoma Inc., debt to capital (including operating lease liability) calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Current operating lease liabilities | 234,517) | 231,965) | 217,409) | 209,754) | 227,923) | —) | |
| Long-term operating lease liabilities | 1,156,104) | 1,211,693) | 1,066,839) | 1,025,057) | 1,094,579) | —) | |
| Total debt (including operating lease liability) | 1,390,621) | 1,443,658) | 1,284,248) | 1,534,161) | 1,622,320) | 299,620) | |
| Stockholders’ equity | 2,127,861) | 1,701,051) | 1,664,207) | 1,651,185) | 1,235,860) | 1,155,714) | |
| Total capital (including operating lease liability) | 3,518,482) | 3,144,709) | 2,948,455) | 3,185,346) | 2,858,180) | 1,455,334) | |
| Solvency Ratio | |||||||
| Debt to capital (including operating lease liability)1 | 0.40 | 0.46 | 0.44 | 0.48 | 0.57 | 0.21 | |
| Benchmarks | |||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||
| Amazon.com Inc. | — | 0.43 | 0.51 | 0.49 | 0.52 | 0.56 | |
| Home Depot Inc. | 0.98 | 0.97 | 1.04 | 0.93 | 1.09 | 1.07 | |
| Lowe’s Cos. Inc. | 1.60 | 1.60 | 1.20 | 0.95 | 0.92 | 0.82 | |
| TJX Cos. Inc. | 0.63 | 0.67 | 0.68 | 0.73 | 0.66 | 0.31 | |
| Debt to Capital (including Operating Lease Liability), Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.57 | 0.63 | 0.59 | 0.64 | 0.65 | |
| Debt to Capital (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | — | 0.63 | 0.66 | 0.65 | 0.74 | 0.76 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 1,390,621 ÷ 3,518,482 = 0.40
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | Williams-Sonoma Inc. debt to capital ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Debt to Assets
Williams-Sonoma Inc., debt to assets calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Total assets | 5,273,548) | 4,663,016) | 4,625,620) | 4,661,424) | 4,054,042) | 2,812,844) | |
| Solvency Ratio | |||||||
| Debt to assets1 | 0.00 | 0.00 | 0.00 | 0.06 | 0.07 | 0.11 | |
| Benchmarks | |||||||
| Debt to Assets, Competitors2 | |||||||
| Amazon.com Inc. | — | 0.15 | 0.19 | 0.18 | 0.19 | 0.23 | |
| Home Depot Inc. | 0.58 | 0.57 | 0.56 | 0.53 | 0.61 | 0.66 | |
| Lowe’s Cos. Inc. | 0.86 | 0.78 | 0.55 | 0.47 | 0.49 | 0.47 | |
| TJX Cos. Inc. | 0.10 | 0.12 | 0.12 | 0.20 | 0.09 | 0.16 | |
| Debt to Assets, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.24 | 0.25 | 0.24 | 0.26 | 0.31 | |
| Debt to Assets, Industry | |||||||
| Consumer Discretionary | — | 0.34 | 0.35 | 0.36 | 0.41 | 0.45 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to assets = Total debt ÷ Total assets
= 0 ÷ 5,273,548 = 0.00
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. |
Debt to Assets (including Operating Lease Liability)
Williams-Sonoma Inc., debt to assets (including operating lease liability) calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Current debt | —) | —) | —) | 299,350) | 299,818) | —) | |
| Long-term debt | —) | —) | —) | —) | —) | 299,620) | |
| Total debt | —) | —) | —) | 299,350) | 299,818) | 299,620) | |
| Current operating lease liabilities | 234,517) | 231,965) | 217,409) | 209,754) | 227,923) | —) | |
| Long-term operating lease liabilities | 1,156,104) | 1,211,693) | 1,066,839) | 1,025,057) | 1,094,579) | —) | |
| Total debt (including operating lease liability) | 1,390,621) | 1,443,658) | 1,284,248) | 1,534,161) | 1,622,320) | 299,620) | |
| Total assets | 5,273,548) | 4,663,016) | 4,625,620) | 4,661,424) | 4,054,042) | 2,812,844) | |
| Solvency Ratio | |||||||
| Debt to assets (including operating lease liability)1 | 0.26 | 0.31 | 0.28 | 0.33 | 0.40 | 0.11 | |
| Benchmarks | |||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||
| Amazon.com Inc. | — | 0.29 | 0.33 | 0.31 | 0.31 | 0.34 | |
| Home Depot Inc. | 0.68 | 0.66 | 0.64 | 0.62 | 0.73 | 0.66 | |
| Lowe’s Cos. Inc. | 0.96 | 0.87 | 0.66 | 0.56 | 0.60 | 0.47 | |
| TJX Cos. Inc. | 0.42 | 0.45 | 0.44 | 0.50 | 0.47 | 0.16 | |
| Debt to Assets (including Operating Lease Liability), Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 0.38 | 0.40 | 0.38 | 0.40 | 0.39 | |
| Debt to Assets (including Operating Lease Liability), Industry | |||||||
| Consumer Discretionary | — | 0.43 | 0.44 | 0.45 | 0.50 | 0.50 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 1,390,621 ÷ 5,273,548 = 0.26
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio (including operating lease liability) | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | Williams-Sonoma Inc. debt to assets ratio (including operating lease liability) deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Financial Leverage
Williams-Sonoma Inc., financial leverage calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Total assets | 5,273,548) | 4,663,016) | 4,625,620) | 4,661,424) | 4,054,042) | 2,812,844) | |
| Stockholders’ equity | 2,127,861) | 1,701,051) | 1,664,207) | 1,651,185) | 1,235,860) | 1,155,714) | |
| Solvency Ratio | |||||||
| Financial leverage1 | 2.48 | 2.74 | 2.78 | 2.82 | 3.28 | 2.43 | |
| Benchmarks | |||||||
| Financial Leverage, Competitors2 | |||||||
| Amazon.com Inc. | — | 2.61 | 3.17 | 3.04 | 3.44 | 3.63 | |
| Home Depot Inc. | 73.30 | 48.94 | — | 21.39 | — | — | |
| Lowe’s Cos. Inc. | — | — | — | 32.52 | 20.02 | 9.47 | |
| TJX Cos. Inc. | 4.07 | 4.45 | 4.74 | 5.28 | 4.06 | 2.84 | |
| Financial Leverage, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 3.46 | 4.18 | 3.82 | 4.44 | 4.62 | |
| Financial Leverage, Industry | |||||||
| Consumer Discretionary | — | 4.00 | 4.38 | 4.26 | 5.72 | 6.22 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 5,273,548 ÷ 2,127,861 = 2.48
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Williams-Sonoma Inc. financial leverage ratio decreased from 2022 to 2023 and from 2023 to 2024. |
Interest Coverage
Williams-Sonoma Inc., interest coverage calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net earnings | 949,762) | 1,127,904) | 1,126,337) | 680,714) | 356,062) | 333,684) | |
| Add: Income tax expense | 323,593) | 372,778) | 324,914) | 213,752) | 100,959) | 95,563) | |
| Add: Interest income (expense), net | (29,162) | (2,260) | 1,865) | 16,231) | 8,853) | 6,706) | |
| Earnings before interest and tax (EBIT) | 1,244,193) | 1,498,422) | 1,453,116) | 910,697) | 465,874) | 435,953) | |
| Solvency Ratio | |||||||
| Interest coverage1 | — | — | 779.15 | 56.11 | 52.62 | 65.01 | |
| Benchmarks | |||||||
| Interest Coverage, Competitors2 | |||||||
| Amazon.com Inc. | — | 12.80 | -1.51 | 22.09 | 15.69 | 9.73 | |
| Home Depot Inc. | 11.25 | 14.90 | 17.14 | 13.60 | 13.25 | 14.85 | |
| Lowe’s Cos. Inc. | 7.86 | 8.79 | 13.49 | 9.88 | 8.83 | 6.21 | |
| TJX Cos. Inc. | 76.53 | 56.19 | 37.80 | 1.46 | 75.57 | 65.36 | |
| Interest Coverage, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 13.19 | 7.64 | 15.91 | 14.50 | 11.71 | |
| Interest Coverage, Industry | |||||||
| Consumer Discretionary | — | 12.27 | 9.45 | 13.29 | 7.81 | 9.65 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Interest coverage = EBIT ÷ Interest expense
= 1,244,193 ÷ -29,162 = —
2 Click competitor name to see calculations.
Fixed Charge Coverage
Williams-Sonoma Inc., fixed charge coverage calculation, comparison to benchmarks
| Jan 28, 2024 | Jan 29, 2023 | Jan 30, 2022 | Jan 31, 2021 | Feb 2, 2020 | Feb 3, 2019 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||
| Net earnings | 949,762) | 1,127,904) | 1,126,337) | 680,714) | 356,062) | 333,684) | |
| Add: Income tax expense | 323,593) | 372,778) | 324,914) | 213,752) | 100,959) | 95,563) | |
| Add: Interest income (expense), net | (29,162) | (2,260) | 1,865) | 16,231) | 8,853) | 6,706) | |
| Earnings before interest and tax (EBIT) | 1,244,193) | 1,498,422) | 1,453,116) | 910,697) | 465,874) | 435,953) | |
| Add: Operating lease costs | 296,779) | 275,086) | 256,924) | 263,126) | 267,883) | 271,522) | |
| Earnings before fixed charges and tax | 1,540,972) | 1,773,508) | 1,710,040) | 1,173,823) | 733,757) | 707,475) | |
| Interest income (expense), net | (29,162) | (2,260) | 1,865) | 16,231) | 8,853) | 6,706) | |
| Operating lease costs | 296,779) | 275,086) | 256,924) | 263,126) | 267,883) | 271,522) | |
| Fixed charges | 267,617) | 272,826) | 258,789) | 279,357) | 276,736) | 278,228) | |
| Solvency Ratio | |||||||
| Fixed charge coverage1 | 5.76 | 6.50 | 6.61 | 4.20 | 2.65 | 2.54 | |
| Benchmarks | |||||||
| Fixed Charge Coverage, Competitors2 | |||||||
| Amazon.com Inc. | — | 3.73 | 0.47 | 5.24 | 4.63 | 3.65 | |
| Home Depot Inc. | 7.03 | 9.07 | 9.94 | 8.97 | 8.26 | 7.80 | |
| Lowe’s Cos. Inc. | 5.82 | 5.77 | 8.02 | 6.05 | 5.04 | 3.68 | |
| TJX Cos. Inc. | 3.85 | 3.31 | 3.17 | 1.04 | 3.43 | 3.39 | |
| Fixed Charge Coverage, Sector | |||||||
| Consumer Discretionary Distribution & Retail | — | 4.61 | 2.82 | 5.29 | 5.11 | 4.46 | |
| Fixed Charge Coverage, Industry | |||||||
| Consumer Discretionary | — | 4.98 | 3.70 | 5.63 | 3.72 | 4.20 | |
Based on: 10-K (reporting date: 2024-01-28), 10-K (reporting date: 2023-01-29), 10-K (reporting date: 2022-01-30), 10-K (reporting date: 2021-01-31), 10-K (reporting date: 2020-02-02), 10-K (reporting date: 2019-02-03).
1 2024 Calculation
Fixed charge coverage = Earnings before fixed charges and tax ÷ Fixed charges
= 1,540,972 ÷ 267,617 = 5.76
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Fixed charge coverage ratio | A solvency ratio calculated as earnings before fixed charges and tax divided by fixed charges. | Williams-Sonoma Inc. fixed charge coverage ratio deteriorated from 2022 to 2023 and from 2023 to 2024. |