Kohls Corp (KSS)
Debt-to-capital ratio
| Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | Feb 1, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,638,000 | 1,637,000 | 1,910,000 | 2,451,000 | 1,856,000 |
| Total stockholders’ equity | US$ in thousands | 3,893,000 | 3,763,000 | 4,661,000 | 5,196,000 | 5,450,000 |
| Debt-to-capital ratio | 0.30 | 0.30 | 0.29 | 0.32 | 0.25 |
February 3, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,638,000K ÷ ($1,638,000K + $3,893,000K)
= 0.30
The debt-to-capital ratio of Kohls Corp has remained relatively stable over the past five years, fluctuating between 0.25 and 0.32. This ratio indicates the proportion of the company's total debt to its total capital, which includes debt and equity. A lower debt-to-capital ratio suggests that the company relies less on debt financing and may have a stronger capital structure.
In 2024, the debt-to-capital ratio was 0.30, consistent with the previous year. This implies that Kohls Corp's debt level compared to its total capital remained constant. While the ratio has slightly increased from the lowest point in 2020, it is still within a reasonable range, indicating that the company has managed its debt levels effectively and maintained a balanced capital structure over the years.
Overall, Kohls Corp appears to have a moderate level of debt in relation to its total capital, suggesting a relatively stable and sustainable financial position in terms of leverage.
Peer comparison
Feb 3, 2024