First off I am just a DIY guy who has been working on cars since I was 15. So I have built up lots of mis-matched tools but for, a guy that uses tools on the weekend on his cars and his friends cars I have all I need.
On to the topic, I have loaned tools and returned them in perfect condition to friends and the ratchet I broke was replaced with a new one of the same type along with an “I am sorry 6 pack”. So that guy still lets me borrow stuff. On the other had I have loaned a “friend” a drill and a belt sander and disappeared while he had them and he hand nothing to say other than some one stole them. Personally, I felt that he should have replaced the items at some point but, I also have a strong feeling that he took them.