Home Depot Inc (HD)
Debt-to-equity 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-equity ratio | 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 ÷ $6,640,000K
= 0.00
The debt-to-equity ratio of Home Depot Inc has consistently been reported as 0.00 for the years ending January 29, 2023, January 31, 2023, January 28, 2024, January 31, 2024, and January 31, 2025. A debt-to-equity ratio of 0.00 indicates that the company has no debt relative to its equity, implying a strong financial position with no reliance on external borrowing to fund its operations or growth. This low level of debt compared to equity suggests that Home Depot Inc has a robust capital structure and may be effectively managing its financial leverage, potentially reducing financial risks and increasing investor confidence.
Peer comparison
Jan 31, 2025