Kohls Corp (KSS)
Debt-to-capital ratio
| Feb 3, 2024 | Oct 28, 2023 | Jul 29, 2023 | Apr 29, 2023 | Jan 28, 2023 | Oct 29, 2022 | Jul 30, 2022 | Apr 30, 2022 | Jan 29, 2022 | Oct 30, 2021 | Jul 31, 2021 | May 1, 2021 | Jan 30, 2021 | Oct 31, 2020 | Aug 1, 2020 | May 2, 2020 | Feb 1, 2020 | Nov 2, 2019 | Aug 3, 2019 | May 4, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,638,000 | 1,638,000 | 1,637,000 | 1,637,000 | 1,637,000 | 1,747,000 | 1,747,000 | 1,746,000 | 1,910,000 | 1,909,000 | 1,909,000 | 1,909,000 | 2,451,000 | 2,450,000 | 3,450,000 | 3,449,000 | 1,856,000 | 1,856,000 | 1,855,000 | 1,855,000 |
| Total stockholders’ equity | US$ in thousands | 3,893,000 | 3,751,000 | 3,735,000 | 3,720,000 | 3,763,000 | 4,096,000 | 4,544,000 | 4,456,000 | 4,661,000 | 4,931,000 | 5,219,000 | 5,117,000 | 5,196,000 | 4,838,000 | 4,837,000 | 4,790,000 | 5,450,000 | 5,355,000 | 5,455,000 | 5,442,000 |
| Debt-to-capital ratio | 0.30 | 0.30 | 0.30 | 0.31 | 0.30 | 0.30 | 0.28 | 0.28 | 0.29 | 0.28 | 0.27 | 0.27 | 0.32 | 0.34 | 0.42 | 0.42 | 0.25 | 0.26 | 0.25 | 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 shown relative stability over the past few quarters, hovering around the range of 0.27 to 0.34. This ratio indicates the proportion of the company's total debt to its total capital, providing insight into its leverage and financial health.
A ratio of 0.30 to 0.31 suggests that Kohls Corp relies on debt for approximately 30% to 31% of its capital structure, with the remaining portion being financed by equity. This moderate level of leverage can be considered acceptable and indicates a balanced approach to funding operations and investments.
The slight increase in the debt-to-capital ratio from 0.27 to 0.34 in the span of a few quarters may indicate a strategic shift towards utilizing more debt in the capital structure or possibly a decrease in equity. It is important for investors and stakeholders to monitor this ratio over time to assess the company's ability to manage its debt obligations and maintain a healthy balance between debt and equity.
Peer comparison
Feb 3, 2024