Caleres Inc (CAL)
Debt-to-assets ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | 100,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 |
| Total assets | US$ in thousands | 1,804,750 | 1,826,890 | 1,903,960 | 1,818,080 | 1,836,470 | 1,948,310 | 2,025,210 | 1,928,300 | 1,843,930 | 1,874,560 | 1,832,900 | 1,802,820 | 1,867,050 | 2,027,060 | 2,112,390 | 2,223,680 | 2,431,710 | 2,471,210 | 2,644,390 | 2,493,070 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.11 | 0.11 | 0.10 | 0.09 | 0.09 | 0.08 | 0.08 | 0.08 | 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 of Caleres Inc has shown a consistent and low level over the past few years, with values ranging from 0.00 to 0.11. This indicates that the company has been effectively managing its debt in relation to its total assets. The ratio remained relatively stable at 0.00 for most of the periods, suggesting a low level of debt relative to its asset base. Furthermore, the slight increase in the ratio to 0.11 in October 2021 and January 2022 may indicate a temporary increase in debt levels compared to assets during those periods. Overall, the consistently low debt-to-assets ratio reflects a conservative approach to leverage by Caleres Inc, which may signal a lower financial risk and greater financial stability for the company.
Peer comparison
Feb 3, 2024