Kroger Company (KR)

Debt-to-capital 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 stockholders’ equity US$ in thousands 8,281,000 11,615,000 11,615,000 10,014,000 10,042,000
Debt-to-capital ratio 0.00 0.47 0.00 0.00 0.50

January 31, 2025 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,281,000K)
= 0.00

The debt-to-capital ratio is a key financial metric that indicates the proportion of a company's capital structure that is financed by debt. For Kroger Company, the debt-to-capital ratio fluctuated over the period analyzed. As of January 28, 2023, the ratio stood at 50%, implying that half of the company's capital was sourced from debt. Subsequently, in the following periods (January 31, 2023 and January 31, 2024), the company managed to bring down its debt-to-capital ratio to 0%, signifying that it funded its operations entirely through equity and had no outstanding debt.

However, by February 3, 2024, the debt-to-capital ratio increased to 47%, suggesting that Kroger Company had reintroduced debt into its capital structure. This fluctuation may indicate strategic decisions by the company to optimize its capital mix based on market conditions or investment opportunities. Finally, as of January 31, 2025, the ratio dropped back to 0%, indicating a return to a debt-free capital structure. Overall, the fluctuations in Kroger Company's debt-to-capital ratio reflect its dynamic approach to managing its financial leverage and capital allocation strategies.


Peer comparison

Jan 31, 2025

Company name
Symbol
Debt-to-capital ratio
Kroger Company
KR
0.00
Grocery Outlet Holding Corp
GO
0.00
Sprouts Farmers Market LLC
SFM
0.00