Caleres Inc (CAL)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 560,631 | 420,683 | 318,570 | 200,247 | 645,950 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.50 | 0.24 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $560,631K)
= 0.00
The debt-to-capital ratio for Caleres Inc has been consistently low at 0.00 over the past three fiscal years ending on February 3, 2024, January 28, 2023, and January 29, 2022. However, there was a significant increase to 0.50 on January 30, 2021, suggesting a higher proportion of debt relative to the company's total capital structure. This spike may indicate a shift towards increased leverage in that year. By February 1, 2020, the ratio had decreased to 0.24, showing a reduction in the level of debt relative to total capital compared to the previous year. The trend in the debt-to-capital ratio should be closely monitored to assess Caleres Inc's financing decisions and its overall financial health.
Peer comparison
Feb 3, 2024