Kroger Company (KR)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.87 | 0.00 | 0.90 | 0.00 | 0.95 | 0.00 | 0.93 | 0.00 | 0.00 | 1.01 | 1.07 | 0.00 | 1.11 | 0.00 | 1.20 | 0.00 |
January 31, 2025 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,281,000K
= 0.00
The debt-to-equity ratio of Kroger Company has exhibited fluctuations over the analyzed period. The ratio was 1.20 as of May 21, 2022, indicating that the company had higher levels of debt relative to equity at that point. Subsequently, the ratio decreased to 0.00 on multiple occasions, such as April 30, 2022, July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023, July 31, 2023, October 31, 2023, and January 31, 2024, suggesting that the company either reduced its debt or increased its equity during these periods.
In the following periods, the debt-to-equity ratio showed a slight upward trend, reaching 1.11 on August 13, 2022, 1.07 on November 5, 2022, 1.01 on January 28, 2023, and 0.93 on May 20, 2023, indicating a resurgence in the company's leverage. However, the ratio declined to 0.95 on August 12, 2023, 0.90 on November 4, 2023, 0.87 on February 3, 2024, and 0.00 on April 30, 2024, July 31, 2024, October 31, 2024, and January 31, 2025.
Overall, the debt-to-equity ratio of Kroger Company has shown variability, with instances of higher leverage followed by periods of lower leverage or debt reduction. This ratio is a key indicator of the company's capital structure and financial risk, demonstrating how much debt the company is using to finance its operations relative to its equity capital.
Peer comparison
Jan 31, 2025