Kroger Company (KR)
Debt-to-assets ratio
| Jan 31, 2025 | Feb 3, 2024 | Jan 31, 2024 | Jan 31, 2023 | Jan 28, 2023 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 10,162,000 | — | — | 10,139,000 |
| Total assets | US$ in thousands | 52,616,000 | 50,505,000 | 50,505,000 | 49,537,000 | 49,623,000 |
| Debt-to-assets ratio | 0.00 | 0.20 | 0.00 | 0.00 | 0.20 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $52,616,000K
= 0.00
The debt-to-assets ratio for Kroger Company has shown fluctuations over the years. In January 2023 and February 2024, the company had a debt-to-assets ratio of 0.20, indicating that 20% of its assets were financed by debt during those periods. However, in January 2024 and January 2025, the debt-to-assets ratio dropped to 0.00, suggesting that the company did not have any debt financing its assets during those times. Overall, the decreasing trend in the debt-to-assets ratio indicates that Kroger has been reducing its reliance on debt to fund its operations and investments, which can be seen as a positive sign of financial stability and efficient capital management.
Peer comparison
Jan 31, 2025