Nordstrom Inc (JWN)
Debt-to-equity ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 2,612,000 | — | — | 2,856,000 |
| Total stockholders’ equity | US$ in thousands | 1,140,000 | 848,000 | 848,000 | 739,000 | 739,000 |
| Debt-to-equity ratio | 0.00 | 3.08 | 0.00 | 0.00 | 3.86 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,140,000K
= 0.00
Nordstrom Inc's debt-to-equity ratio has displayed fluctuations over the years based on the provided data. As of January 28, 2023, the ratio was 3.86, indicating a higher level of debt relative to equity. Subsequently, as of January 31, 2023, and January 31, 2024, the ratio dropped to 0.00, signifying that the company had no debt during those periods. However, by February 3, 2024, the ratio increased to 3.08, suggesting a reemergence of debt in relation to equity. Finally, as of January 31, 2025, the ratio again stood at 0.00, implying that the company had no debt at that point in time. These fluctuations in the debt-to-equity ratio indicate varying levels of financial leverage and the extent to which the company has utilized debt financing in its capital structure across the specified periods.
Peer comparison
Jan 31, 2025