Kroger Company (KR)
Debt-to-assets ratio
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Feb 3, 2024 | Jan 31, 2024 | Nov 4, 2023 | Oct 31, 2023 | Aug 12, 2023 | Jul 31, 2023 | May 20, 2023 | Apr 30, 2023 | Jan 31, 2023 | Jan 28, 2023 | Nov 5, 2022 | Oct 31, 2022 | Aug 13, 2022 | Jul 31, 2022 | May 21, 2022 | Apr 30, 2022 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 10,162,000 | — | 10,143,000 | — | 10,143,000 | — | 10,139,000 | — | — | 10,139,000 | 10,664,000 | — | 10,673,000 | — | 11,279,000 | — |
| Total assets | US$ in thousands | 52,616,000 | 62,418,000 | 51,443,000 | 51,579,000 | 50,505,000 | 50,505,000 | 51,021,000 | 51,021,000 | 50,202,000 | 50,202,000 | 50,193,000 | 50,193,000 | 49,623,000 | 49,623,000 | 49,987,000 | 49,987,000 | 48,741,000 | 48,741,000 | 49,091,000 | 49,091,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 | 0.00 | 0.20 | 0.00 | 0.20 | 0.00 | 0.20 | 0.00 | 0.00 | 0.20 | 0.21 | 0.00 | 0.22 | 0.00 | 0.23 | 0.00 |
January 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $52,616,000K
= 0.00
The debt-to-assets ratio of Kroger Company has fluctuated over the reported periods. The ratio was consistently at 0.00 from April 30, 2022, to July 31, 2022, indicating that the company had no debt relative to its total assets during that time.
Starting from May 21, 2022, there was a notable increase in the debt-to-assets ratio to 0.23, suggesting that the company took on debt amounting to 23% of its total assets. This ratio decreased slightly to 0.22 by August 13, 2022, before returning to 0.00 by October 31, 2022.
Subsequently, the debt-to-assets ratio fluctuated between 0.00 and 0.21 from November 2022 to February 2024, indicating minimal to moderate levels of debt in relation to total assets.
The ratio was highest at 0.25 on May 21, 2023, and at its lowest at 0.00 on several reporting dates. Overall, the debt-to-assets ratio trended towards lower levels, indicating that the company maintained a healthy balance between debt and assets over the reported periods.
Peer comparison
Jan 31, 2025