Nordstrom Inc (JWN)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 2,612,000 | — | — | 2,611,000 | — | 2,609,000 | — | 2,608,000 | — | 2,856,000 | — | 2,855,000 | — | 2,853,000 | — | — |
| Total stockholders’ equity | US$ in thousands | 1,140,000 | 987,000 | 948,000 | 836,000 | 848,000 | 848,000 | 729,000 | 729,000 | 674,000 | 674,000 | 551,000 | 551,000 | 739,000 | 739,000 | 606,000 | 606,000 | 663,000 | 663,000 | 589,000 | 581,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 3.08 | 0.00 | 0.00 | 3.58 | 0.00 | 3.87 | 0.00 | 4.73 | 0.00 | 3.86 | 0.00 | 4.71 | 0.00 | 4.30 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,140,000K
= 0.00
The debt-to-equity ratio is a financial metric that indicates the proportion of a company's debt to its equity. A high debt-to-equity ratio suggests that the company is largely financed by debt, which can be risky as it means the company has a higher debt burden to cover.
Analyzing the debt-to-equity ratio data for Nordstrom Inc over the period from January 31, 2022, to January 31, 2025, we observe fluctuations in the ratio. At various points in time, the ratio ranges from 0.00 to as high as 4.73, indicating fluctuations in the company's capital structure and financial leverage.
During some periods, such as July 30, 2022, and October 29, 2022, the ratio spikes significantly to 4.30 and 4.71, respectively, suggesting that Nordstrom increased its debt levels relative to equity during these periods, potentially to fund growth or operations.
Conversely, there are also periods, like January 31, 2022, and April 30, 2023, where the ratio drops to 0.00, indicating either a decrease in debt or an increase in equity compared to previous periods.
The trend in the debt-to-equity ratio for Nordstrom Inc over the analyzed period demonstrates varying levels of leverage and financial risk. It is essential for investors and stakeholders to closely monitor these fluctuations to assess the company's financial health and ability to manage its debt obligations effectively.
Peer comparison
Jan 31, 2025