Kohls Corp (KSS)

Solvency ratios

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
Debt-to-assets ratio 0.12 0.11 0.11 0.11 0.11 0.11 0.11 0.11 0.13 0.12 0.12 0.13 0.16 0.16 0.23 0.22 0.13 0.12 0.13 0.13
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
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
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

The solvency ratios of Kohls Corp indicate the company's ability to meet its long-term financial obligations. The debt-to-assets ratio has been relatively stable around 0.11 to 0.13 over the past few quarters, suggesting that a low portion of the company's assets is financed by debt.

The debt-to-capital and debt-to-equity ratios have also shown consistency, hovering around 0.27 to 0.31 and 0.37 to 0.44 respectively. These ratios indicate that Kohls Corp relies moderately on debt to finance its operations, with a significant portion of its capital coming from equity.

The financial leverage ratio, which measures the company's overall debt load in relation to its equity, displays fluctuations but generally remains at a moderate level ranging from 2.87 to 4.12. This suggests that Kohls Corp has a reasonable amount of debt in proportion to its equity capital.

Overall, based on these solvency ratios, Kohls Corp appears to maintain a balanced capital structure with a manageable level of debt relative to its assets and equity.


Coverage ratios

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
Interest coverage 4.98 0.81 1.10 1.82 1.76 7.45 9.33 12.62 15.14 10.24 5.90 2.90 -0.92 -0.67 0.02 1.23 5.31 5.30 5.28 5.33

The interest coverage ratio measures a company's ability to pay its interest expenses on outstanding debt. A higher ratio indicates stronger ability to meet interest obligations. Looking at the trend of Kohls Corp's interest coverage ratio over the past several quarters, we can see fluctuations in the company's ability to cover its interest payments.

The interest coverage ratio for Kohls Corp has been volatile, ranging from negative values to double-digit positive values. In recent quarters, the ratio has been generally improving, with significant increases in the last few quarters. The ratio was particularly strong in the Apr 30, 2022, and Jan 29, 2022, quarters at 12.62 and 15.14, respectively.

However, there have also been periods where the interest coverage ratio dipped below 1, indicating potential financial distress and a concern about the company's ability to meet its interest obligations. The negative ratios in the Jan 30, 2021, and Oct 31, 2020, quarters raise some red flags regarding Kohls Corp's financial health during those periods.

Overall, while the recent improvements in the interest coverage ratio show some positive signs, the fluctuations in the ratio suggest that Kohls Corp's ability to cover its interest payments can be volatile and may warrant further investigation into the company's financial management and debt levels.