Home Depot Inc (HD)
Debt-to-capital ratio
| Jan 31, 2025 | Jan 31, 2024 | Jan 28, 2024 | Jan 31, 2023 | Jan 29, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 6,640,000 | 1,044,000 | 1,044,000 | 1,562,000 | 1,562,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $6,640,000K)
= 0.00
The debt-to-capital ratio of Home Depot Inc has remained consistently at 0.00 from January 29, 2023, to January 31, 2025. This indicates that the company has not used debt as a significant portion of its capital structure during this period. A low debt-to-capital ratio suggests that Home Depot Inc relies more on equity financing rather than debt financing, which can potentially lower financial risk and increase stability. Overall, Home Depot Inc appears to have a conservative approach to debt utilization, maintaining a strong financial position relative to its capital structure.
Peer comparison
Jan 31, 2025