Kohls Corp (KSS)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 14,009,000 | 15,467,000 | 14,794,000 | 14,710,000 | 14,345,000 | 16,234,000 | 15,623,000 | 15,253,000 | 15,054,000 | 15,951,000 | 15,506,000 | 14,689,000 | 15,337,000 | 15,444,000 | 15,235,000 | 15,869,000 | 14,555,000 | 15,739,000 | 14,542,000 | 14,466,000 |
| 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 |
| Financial leverage ratio | 3.60 | 4.12 | 3.96 | 3.95 | 3.81 | 3.96 | 3.44 | 3.42 | 3.23 | 3.23 | 2.97 | 2.87 | 2.95 | 3.19 | 3.15 | 3.31 | 2.67 | 2.94 | 2.67 | 2.66 |
February 3, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,009,000K ÷ $3,893,000K
= 3.60
Based on the financial leverage ratios of Kohls Corp for the past 20 quarters, we observe fluctuations in the company's leverage position. The financial leverage ratio, which indicates the extent of a company's debt financing in relation to its equity, has ranged from 2.66 to 4.12 over this period.
The highest leverage ratio of 4.12, recorded in October 2023, suggests that Kohls had a higher level of debt relative to equity at that point. This could indicate increased financial risk for the company as higher leverage implies higher interest payments and potential financial vulnerability in case of economic downturns.
On the other hand, the lowest ratio of 2.66 in August 2019 indicates a lower reliance on debt financing compared to equity, which may signify a more conservative financial approach by Kohls during that period.
Overall, Kohls Corp's financial leverage ratio has shown variability, reflecting changes in its capital structure and financial strategy over time. It is essential for investors and stakeholders to closely monitor these ratios to assess the company's risk profile and financial health.
Peer comparison
Feb 3, 2024