Kohls Corp (KSS)
Debt-to-equity 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-equity ratio | 0.42 | 0.44 | 0.41 | 0.47 | 0.34 |
February 3, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,638,000K ÷ $3,893,000K
= 0.42
The debt-to-equity ratio of Kohls Corp has shown some fluctuations over the past five years. As of February 3, 2024, the ratio stands at 0.42, indicating that the company has $0.42 in debt for every $1 of equity. This suggests that Kohls Corp relies more on equity financing rather than debt financing for its operations and growth.
Comparing this ratio to the previous years, we observe that the ratio was relatively stable between 0.41 and 0.47, with a slight decrease in 2020 to 0.34. A lower debt-to-equity ratio signifies lower financial risk, as the company is less reliant on borrowing to fund its activities.
Overall, the trend in Kohls Corp's debt-to-equity ratio suggests a conservative approach to capital structure management, emphasizing a balance between debt and equity financing. However, it is important to consider other financial metrics and variables to gain a holistic view of the company's financial health and leverage position.
Peer comparison
Feb 3, 2024