Kohls Corp (KSS)
Debt-to-equity 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-equity ratio | 0.42 | 0.44 | 0.44 | 0.44 | 0.44 | 0.43 | 0.38 | 0.39 | 0.41 | 0.39 | 0.37 | 0.37 | 0.47 | 0.51 | 0.71 | 0.72 | 0.34 | 0.35 | 0.34 | 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 fluctuated over the past several periods, ranging from 0.34 to 0.72. A debt-to-equity ratio of less than 1 indicates that the company has more equity than debt in its capital structure, which suggests a lower level of financial risk.
The ratio was relatively stable around the mid-0.40s for most of the periods, indicating a balanced mix of debt and equity financing. However, there were periods where the ratio deviated from this trend. For instance, in August 2020 and May 2020, the ratio spiked to 0.71 and 0.72 respectively, signaling a higher proportion of debt compared to equity during those periods.
On the other hand, in July 2022 and October 2021, the ratio dipped to 0.38 and 0.37 respectively, indicating a lower level of debt relative to equity. This could suggest that the company reduced its debt levels or raised additional equity during those periods.
Overall, the debt-to-equity ratio of Kohls Corp shows a mix of debt and equity financing in its capital structure, with fluctuations reflecting changes in the company's financial leverage over time. Analysts should continue to monitor the trend of this ratio to assess the company's risk profile and financial health.
Peer comparison
Feb 3, 2024