Caleres Inc (CAL)

Debt-to-assets ratio

Feb 3, 2024 Jan 28, 2023 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020
Long-term debt US$ in thousands 200,000 200,000
Total assets US$ in thousands 1,804,750 1,836,470 1,843,930 1,867,050 2,431,710
Debt-to-assets ratio 0.00 0.00 0.00 0.11 0.08

February 3, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,804,750K
= 0.00

The debt-to-assets ratio for Caleres Inc has been consistently low over the past five years, with values of 0.00 in both February 3, 2024, and January 28, 2023. This indicates that the company has effectively managed its debt relative to its total assets during these periods. However, in January 30, 2021, the ratio increased to 0.11, suggesting a higher proportion of debt in relation to assets compared to the previous years. This increase could imply a change in the company's debt management strategy or new debt obligations taken on during that period. In February 1, 2020, the ratio was slightly lower at 0.08, indicating a lower debt burden compared to the year 2021. Overall, Caleres Inc's historical debt-to-assets ratio reflects prudent debt management practices, although closer monitoring may be warranted following the increase observed in 2021.


Peer comparison

Feb 3, 2024