Caleres Inc (CAL)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital 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 |
| 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 |
| Financial leverage ratio | 3.16 | 3.27 | 3.33 | 3.26 | 3.22 | 3.63 | 3.56 | 3.56 | 4.09 | 4.09 | 4.07 | 4.07 | 4.37 | 4.37 | 4.89 | 4.89 | 5.34 | 5.34 | 5.47 | 5.79 |
Caleres Inc has consistently maintained strong solvency ratios over the years, as indicated by its low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all consistently at 0.00. This suggests that the company has minimal debt in relation to its assets, capital, and equity, indicating a low level of financial risk.
Additionally, the financial leverage ratio has been declining steadily from 5.79 on January 31, 2022, to 3.16 on January 31, 2025. This downward trend in financial leverage ratio indicates that the company is reducing its reliance on debt to finance its operations, which is a positive sign for its financial health and stability.
Overall, based on the solvency ratios analyzed, Caleres Inc appears to have a strong financial position and solid solvency, with effective management of debt levels and financial leverage.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 6.62 | 8.37 | 9.83 | 10.49 | 11.26 | 11.75 | 12.03 | 10.63 | 9.38 | 8.26 | 7.08 | 7.92 | 8.83 | 12.87 | 18.83 | 22.75 | 26.51 | 25.08 | 20.94 | 17.72 |
The interest coverage ratio for Caleres Inc shows a fluctuating trend over the period from January 2022 to January 2025. The ratio, which measures the company's ability to meet its interest payment obligations, started relatively strong at 17.72 in January 2022 and improved steadily to reach its peak at 26.51 in July 2022.
However, after reaching its peak, the interest coverage ratio declined gradually, indicating a slight weakening in the company's ability to cover its interest expenses. The ratio dropped to 8.83 in January 2023 and continued to decrease to 6.62 by January 2025.
A lower interest coverage ratio suggests that the company may be facing challenges in generating sufficient earnings to cover its interest expenses. It is important for investors and creditors to monitor this ratio to assess the company's financial health and ability to handle its debt obligations.