Kroger Company (KR)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 8,281,000 | 12,900,000 | 12,518,000 | 12,418,000 | 11,615,000 | 11,615,000 | 11,209,000 | 11,191,000 | 10,626,000 | 10,604,000 | 10,905,000 | 10,880,000 | 10,042,000 | 10,042,000 | 9,955,000 | 9,929,000 | 9,657,000 | 9,657,000 | 9,411,000 | 9,411,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.47 | 0.00 | 0.48 | 0.00 | 0.49 | 0.00 | 0.48 | 0.00 | 0.00 | 0.50 | 0.52 | 0.00 | 0.52 | 0.00 | 0.55 | 0.00 |
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 of Kroger Company has shown fluctuations over the reported periods. As of April 30, 2022, and July 31, 2022, the ratio was at 0.00, indicating that there was no debt relative to the capital at those points in time. Subsequently, the ratio increased to 0.55 by May 21, 2022, showing that the company had taken on debt that now represented 55% of the capital structure.
Thereafter, the ratio alternated between 0.00 and values around 0.50 for the following periods. The debt-to-capital ratio remained at 0.00 for multiple periods, signifying either a reduction in debt levels or an increase in capital. Conversely, when the ratio was around 0.50, it suggested a significant portion of the capital structure was funded by debt.
Overall, the trend in the debt-to-capital ratio for Kroger Company indicates varying degrees of leverage over the reported periods, with periods of no debt followed by instances of higher debt relative to the total capital employed.
Peer comparison
Jan 31, 2025