Caleres Inc (CAL)
Debt-to-equity ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Oct 31, 2023 | Oct 28, 2023 | Jul 31, 2023 | Jul 29, 2023 | Apr 30, 2023 | Apr 29, 2023 | Jan 31, 2023 | Jan 28, 2023 | Oct 31, 2022 | Oct 29, 2022 | Jul 31, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 31, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 599,024 | 598,284 | 606,062 | 570,304 | 560,631 | 560,631 | 513,382 | 513,382 | 464,992 | 464,992 | 446,317 | 446,317 | 420,683 | 420,683 | 398,444 | 398,444 | 379,133 | 379,133 | 352,236 | 318,570 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $599,024K
= 0.00
The debt-to-equity ratio of Caleres Inc has consistently remained at 0.00 based on the provided data spanning from January 31, 2022, to January 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt obligations in relation to its equity. This signifies that Caleres Inc is primarily funded by its equity and has not taken on any debt to finance its operations or investments during the specified periods.
A debt-to-equity ratio of 0.00 is generally viewed as favorable by investors and creditors as it suggests that the company has a lower financial risk and is not overly reliant on debt financing. It also implies that the company has a strong financial position and may have sufficient internal resources to support its operations and growth without the need for additional borrowing.
Overall, the consistent 0.00 debt-to-equity ratio for Caleres Inc reflects a prudent financial strategy and stability in its capital structure, potentially enhancing investor confidence in the company's financial health and long-term sustainability.
Peer comparison
Jan 31, 2025