Home Depot Inc (HD)

Debt-to-assets ratio

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Jan 31, 2024 Jan 28, 2024 Oct 31, 2023 Oct 29, 2023 Jul 31, 2023 Jul 30, 2023 Apr 30, 2023 Jan 31, 2023 Jan 29, 2023 Oct 31, 2022 Oct 30, 2022 Jul 31, 2022 May 1, 2022 Apr 30, 2022 Jan 31, 2022 Jan 30, 2022
Long-term debt US$ in thousands
Total assets US$ in thousands 96,119,000 97,264,000 96,846,000 79,230,000 76,530,000 76,530,000 75,577,000 75,577,000 76,387,000 76,387,000 76,386,000 76,445,000 76,445,000 76,866,000 76,866,000 75,825,000 76,567,000 76,567,000 71,876,000 71,876,000
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

January 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $96,119,000K
= 0.00

The debt-to-assets ratio for Home Depot Inc has consistently remained at 0.00 for the period ranging from January 30, 2022, to January 31, 2025. This indicates that Home Depot has not had any long-term debt relative to its total assets during this time frame. A debt-to-assets ratio of 0.00 signifies that the company does not rely heavily on debt to finance its operations and investments. This ratio suggests that Home Depot has a strong financial position with a low level of financial risk associated with debt obligations.


Peer comparison

Jan 31, 2025


See also:

Home Depot Inc Debt to Assets (Quarterly Data)