Caleres Inc (CAL)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 1.00 | 0.31 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $560,631K
= 0.00
The debt-to-equity ratio of Caleres Inc has shown a fluctuating trend over the past five years. As of February 3, 2024, and in the preceding two years, the company reported a debt-to-equity ratio of 0.00, indicating that it had either no debt or a minimal amount of debt relative to its equity. In contrast, on January 30, 2021, the ratio was at 1.00, implying that the company had an equal amount of debt and equity at that time. The following year, on February 1, 2020, the ratio decreased to 0.31, suggesting that the company had a moderate level of debt compared to its equity. Overall, the recent trend towards lower or zero debt-to-equity ratios may indicate that Caleres Inc has been actively managing its debt levels or strengthening its equity position.
Peer comparison
Feb 3, 2024