Abercrombie & Fitch Co. (ANF) Balance Sheet
ANF balance sheet, FY2026
January 31, 2026 · U.S. dollars$3.54B assets = $2.12B liabilities + $1.42B equity
Both columns are drawn to the same scale: what ANF owns equals what it owes plus shareholders’ equity. Hover a block for its value.
ANF financial health
Current ratio1.49
Adequate · current assets cover current liabilities 1.49×
Debt / equity0.83
Moderate leverage · $0.83 of debt for each $1 of equity
Equity / assets39.6%
Balanced · of assets funded by shareholders
Cash / debt67.2%
Partial cover · cash & short-term investments vs total debt
Goodwill & intangibles0.0%
Mostly tangible · of total assets
Descriptive bands, not a rating. Fiscal FY2026.
ANF balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.30BFY2017 | $3.54BFY2026 | +4.9%/yr | |
| Total liabilities | $1.04BFY2017 | $2.12BFY2026 | +8.2%/yr | |
| Shareholders’ equity | $1.24BFY2017 | $1.40BFY2026 | +1.4%/yr | |
| Cash & short-term investments | $547.2MFY2017 | $784.6MFY2026 | +4.1%/yr | |
| Total debt | $309.4MFY2017 | $1.17BFY2026 | +15.9%/yr | |
| Net cash (debt) | $237.8MFY2017 | −$383.5MFY2026 | −$621.3M | |
| Working capital | $653.3MFY2017 | $544.5MFY2026 | −$108.8M | |
| Book value per share | $18.21FY2017 | $28.96FY2026 | +5.3%/yr | |
| Current ratio | 2.34FY2017 | 1.49FY2026 | −0.85 | |
| Debt / equity | 0.25FY2017 | 0.83FY2026 | +0.58 | |
| Shares outstanding | 68.3MFY2017 | 48.5MFY2026 | −3.7%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
ANF assets
Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current
ANF liabilities and equity
Current liabilitiesLong-term debtOther long-term liabilitiesEquity
ANF debt vs cash
Total debtCash & ST investmentsNet cash (debt)
Debt includes short- and long-term borrowings and, where reported, lease obligations.
ANF balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $784.6M | $888.9M | $900.9M | $517.6M | $823.1M | $1.10B | $671.3M | $723.1M | $675.6M | $547.2M |
| Cash & equivalents | $759.5M | $772.7M | $900.9M | $517.6M | $823.1M | $1.10B | $671.3M | $723.1M | $675.6M | $547.2M |
| Short-term investments | $25.0M | $116.2M | $0 | — | — | — | — | — | — | — |
| Receivables | $146.8M | $105.3M | $78.3M | $104.5M | $69.1M | $83.9M | $80.3M | $73.1M | $79.7M | $93.4M |
| Inventory | $601.2M | $575.0M | $469.5M | $505.6M | $525.9M | $404.1M | $434.3M | $437.9M | $424.4M | $399.8M |
| Other current assets | $117.9M | $104.2M | $88.6M | $100.3M | $89.7M | $68.9M | $78.9M | $101.8M | $84.9M | $98.9M |
| Total current assets | $1.65B | $1.67B | $1.54B | $1.23B | $1.51B | $1.66B | $1.26B | $1.34B | $1.26B | $1.14B |
| Property, plant & equipment (net) | $1.67B | $1.38B | $1.22B | $1.28B | $1.21B | $1.44B | $1.90B | $694.9M | $738.2M | $824.7M |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $26.1M | $27.1M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $219.9M | $247.6M | $220.7M | $209.9M | $225.2M | $208.7M | $388.7M | $354.8M | $296.8M | $304.6M |
| Total assets | $3.54B | $3.30B | $2.97B | $2.71B | $2.94B | $3.31B | $3.55B | $2.39B | $2.33B | $2.30B |
| Liabilities | ||||||||||
| Accounts payable | $377.5M | $364.5M | $297.0M | $258.9M | $374.8M | $289.4M | $219.9M | $226.9M | $168.9M | $187.0M |
| Short-term debt | $241.3M | $211.6M | $179.6M | $214.0M | $222.8M | $248.8M | $282.8M | $57.4M | −$18.6M | −$23.8M |
| Deferred revenue | — | — | $53.6M | $16.0M | $21.8M | $24.8M | $10.4M | $26.1M | $28.9M | $29.7M |
| Total current liabilities | $1.11B | $1.13B | $966.8M | $902.2M | $1.02B | $959.4M | $815.4M | $558.9M | $507.5M | $486.0M |
| Long-term debt | $0 | $0 | $222.1M | $296.9M | $303.6M | $343.9M | $232.0M | $250.4M | $249.7M | $263.0M |
| Lease obligations | $1.17B | $951.6M | $826.2M | $927.3M | $920.1M | $1.21B | $1.54B | $46.3M | $50.7M | — |
| Other long-term liabilities | $1.02B | $821.6M | $735.3M | $807.5M | $783.4M | $1.06B | $1.43B | $357.6M | $316.0M | $294.7M |
| Total liabilities | $2.12B | $1.95B | $1.92B | $2.01B | $2.10B | $2.37B | $2.48B | $1.17B | $1.07B | $1.04B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $3.70B | $3.20B | $2.64B | $2.37B | $2.39B | $2.15B | $2.31B | $2.42B | $2.42B | $2.47B |
| Treasury stock | — | — | — | −$1.95B | −$1.86B | −$1.51B | −$1.55B | −$1.51B | −$1.49B | −$1.51B |
| Accumulated other comprehensive income | −$126.2M | −$139.2M | −$136.0M | −$137.5M | −$114.7M | −$102.3M | −$108.9M | −$102.5M | −$95.1M | −$121.3M |
| Minority interest | $16.5M | $15.7M | $14.8M | $11.7M | $11.2M | $12.7M | $12.4M | $9.7M | $10.1M | $8.6M |
| Total shareholders' equity | $1.40B | $1.34B | $1.04B | $694.8M | $826.1M | $936.6M | $1.06B | $1.22B | $1.24B | $1.24B |
| Key figures | ||||||||||
| Total debt | $1.17B | $951.6M | $1.05B | $1.22B | $1.22B | $1.55B | $1.77B | $307.8M | $300.3M | $309.4M |
| Net cash (debt) | −$383.5M | −$62.7M | −$147.5M | −$706.6M | −$400.5M | −$445.5M | −$1.10B | $415.3M | $375.2M | $237.8M |
| Working capital | $544.5M | $546.5M | $570.4M | $325.8M | $492.5M | $702.2M | $449.4M | $777.0M | $757.0M | $653.3M |
| Tangible book value | $1.40B | $1.34B | $1.04B | $694.8M | $826.1M | $936.6M | $1.06B | $1.22B | $1.22B | $1.22B |
| Book value per share | $28.96 | $25.21 | $19.63 | $13.28 | $13.19 | $14.97 | $16.10 | $17.63 | $17.90 | $18.21 |
| Shares outstanding | 48.5M | 53.0M | 52.7M | 52.3M | 62.6M | 62.6M | 65.8M | 69.1M | 69.4M | 68.3M |
| Current ratio | 1.49 | 1.48 | 1.59 | 1.36 | 1.49 | 1.73 | 1.55 | 2.39 | 2.49 | 2.34 |
| Quick ratio | 0.84 | 0.88 | 1.01 | 0.69 | 0.88 | 1.24 | 0.92 | 1.42 | 1.49 | 1.32 |
| Debt / equity | 0.83 | 0.71 | 1.01 | 1.76 | 1.48 | 1.66 | 1.67 | 0.25 | 0.24 | 0.25 |
| Equity / assets | 39.6% | 40.5% | 34.8% | 25.6% | 28.1% | 28.3% | 29.8% | 51.1% | 53.4% | 54.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $638.0M | $619.2M | $784.6M | $631.0M | $603.5M | $607.6M | $888.9M | $738.9M | $738.4M | $864.2M | $900.9M | $649.5M |
| Cash & equivalents | $627.7M | $594.1M | $759.5M | $605.8M | $572.7M | $510.6M | $772.7M | $683.1M | $738.4M | $864.2M | $900.9M | $649.5M |
| Short-term investments | $10.3M | $25.1M | $25.0M | $25.3M | $30.8M | $97.0M | $116.2M | $55.8M | — | — | $0 | — |
| Receivables | $190.3M | $146.0M | $146.8M | $131.7M | $174.0M | $113.3M | $105.3M | $111.6M | $115.1M | $93.6M | $78.3M | $96.8M |
| Inventory | $591.7M | $532.7M | $601.2M | $730.5M | $593.0M | $542.1M | $575.0M | $692.6M | $539.8M | $449.3M | $469.5M | $595.1M |
| Other current assets | $125.7M | $117.2M | $117.9M | $116.3M | $118.6M | $111.2M | $104.2M | $112.7M | $123.4M | $102.5M | $88.6M | $100.1M |
| Total current assets | $1.55B | $1.42B | $1.65B | $1.61B | $1.49B | $1.37B | $1.67B | $1.66B | $1.52B | $1.51B | $1.54B | $1.44B |
| Property, plant & equipment (net) | $1.82B | $1.80B | $1.67B | $1.63B | $1.57B | $1.47B | $1.38B | $1.37B | $1.30B | $1.24B | $1.22B | $1.23B |
| Goodwill & intangible assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $233.2M | $235.4M | $219.9M | $242.8M | $240.7M | $247.8M | $247.6M | $245.4M | $233.7M | $220.3M | $220.7M | $226.7M |
| Total assets | $3.59B | $3.45B | $3.54B | $3.48B | $3.30B | $3.10B | $3.30B | $3.27B | $3.05B | $2.97B | $2.97B | $2.90B |
| Liabilities | ||||||||||||
| Accounts payable | $354.2M | $257.9M | $377.5M | $461.5M | $368.1M | $296.7M | $364.5M | $466.3M | $406.8M | $266.9M | $297.0M | $373.9M |
| Short-term debt | $262.4M | $262.3M | $241.3M | $225.8M | $223.0M | $215.5M | $211.6M | $210.3M | $202.8M | $188.9M | $179.6M | $195.0M |
| Deferred revenue | — | — | — | — | — | — | — | — | $19.6M | $61.1M | $53.6M | $55.6M |
| Total current liabilities | $1.10B | $977.1M | $1.11B | $1.16B | $1.04B | $998.9M | $1.13B | $1.18B | $1.05B | $919.7M | $966.8M | $1.03B |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $213.1M | $222.1M | $248.0M |
| Lease obligations | $1.29B | $1.29B | $1.17B | $1.13B | $1.10B | $1.03B | $951.6M | $945.3M | $890.8M | $845.7M | $826.2M | $853.9M |
| Other long-term liabilities | $1.13B | $1.12B | $1.02B | $985.5M | $956.7M | $894.7M | $821.6M | $827.3M | $776.8M | $746.1M | $735.3M | $746.4M |
| Total liabilities | $2.23B | $2.10B | $2.12B | $2.15B | $1.99B | $1.89B | $1.95B | $2.01B | $1.83B | $1.88B | $1.92B | $2.02B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M | $1.0M |
| Retained earnings (deficit) | $3.94B | $3.76B | $3.70B | $3.53B | $3.41B | $3.27B | $3.20B | $3.01B | $2.88B | $2.75B | $2.64B | $2.49B |
| Accumulated other comprehensive income | −$123.7M | −$125.2M | −$126.2M | −$133.0M | −$137.8M | −$141.0M | −$139.2M | −$133.4M | −$135.0M | −$137.3M | −$136.0M | −$136.2M |
| Minority interest | $15.1M | $13.8M | $16.5M | $14.6M | $14.9M | — | — | — | — | — | — | — |
| Total shareholders' equity | $1.35B | $1.34B | $1.40B | $1.32B | $1.29B | $1.19B | $1.34B | $1.25B | $1.21B | $1.08B | $1.04B | $866.1M |
| Key figures | ||||||||||||
| Total debt | $1.29B | $1.29B | $1.17B | $2.04B | $1.10B | $1.03B | $951.6M | $945.3M | $890.8M | $1.06B | $1.05B | $1.10B |
| Net cash (debt) | −$649.4M | −$673.3M | −$383.5M | −$1.40B | −$496.0M | −$418.3M | −$62.7M | −$206.4M | −$152.4M | −$194.6M | −$147.5M | −$452.5M |
| Working capital | $446.9M | $438.0M | $544.5M | $446.5M | $451.1M | $375.3M | $546.5M | $473.7M | $465.0M | $589.9M | $570.4M | $414.3M |
| Tangible book value | $1.35B | $1.34B | $1.40B | $1.32B | $1.29B | $1.19B | $1.34B | $1.25B | $1.21B | $1.08B | $1.04B | $866.1M |
| Book value per share | $30.75 | $29.34 | $29.97 | $27.50 | $26.62 | $23.48 | $25.46 | $23.59 | $22.65 | $20.25 | $19.39 | $16.46 |
| Shares outstanding | 44.1M | 45.7M | 46.8M | 47.9M | 48.6M | 50.6M | 52.5M | 52.9M | 53.3M | 53.3M | 53.4M | 52.6M |
| Current ratio | 1.41 | 1.45 | 1.49 | 1.38 | 1.43 | 1.38 | 1.48 | 1.40 | 1.44 | 1.64 | 1.59 | 1.40 |
| Quick ratio | 0.75 | 0.78 | 0.84 | 0.66 | 0.75 | 0.72 | 0.88 | 0.72 | 0.81 | 1.04 | 1.01 | 0.73 |
| Debt / equity | 0.95 | 0.96 | 0.83 | 1.55 | 0.85 | 0.86 | 0.71 | 0.76 | 0.74 | 0.98 | 1.01 | 1.27 |
| Equity / assets | 37.7% | 38.8% | 39.6% | 37.8% | 39.1% | 38.4% | 40.5% | 38.1% | 39.6% | 36.3% | 34.8% | 29.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
ANF financial position
At the end of fiscal 2026 (January 31, 2026), Abercrombie & Fitch had total assets of $3.5 billion (up 7.3% from a year earlier), total liabilities of $2.1 billion and shareholders' equity of $1.4 billion. It held $784.6 million in cash and short-term investments against $1.2 billion of debt, net debt of $383.5 million. Its current ratio was 1.49. In the latest quarter (ended July 31, 2026) total assets were $3.6 billion and equity $1.4 billion.
Related: ANF income statement, ANF cash flow statement, ANF key metrics. See the ANF stock overview for the latest quote and news.
ANF balance sheet FAQ
What are Abercrombie & Fitch's total assets?
Abercrombie & Fitch reported total assets of $3.5 billion at the end of fiscal 2026 (January 31, 2026), compared with $3.3 billion a year earlier.
How much debt does Abercrombie & Fitch have?
Abercrombie & Fitch had $1.2 billion of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.83.
How much cash does Abercrombie & Fitch have?
Abercrombie & Fitch held $784.6 million in cash and short-term investments at the end of fiscal 2026; with $1.2 billion of debt that is net debt of $383.5 million.
What is Abercrombie & Fitch's book value?
Abercrombie & Fitch's shareholders' equity (book value) was $1.4 billion at the end of fiscal 2026, or $28.96 per share.
What is Abercrombie & Fitch's current ratio?
Abercrombie & Fitch had current assets of $1.7 billion and current liabilities of $1.1 billion, a current ratio of 1.49 (it can cover its short-term obligations).