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