Kohl's Corporation (KSS)

Solvency ratios

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.12 0.00 0.00 0.11 0.00 0.11 0.00 0.11 0.00 0.11 0.00 0.11 0.00 0.11 0.00 0.00
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.30 0.00 0.00 0.30 0.00 0.30 0.00 0.31 0.00 0.30 0.00 0.30 0.00 0.28 0.00 0.00
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.42 0.00 0.00 0.44 0.00 0.44 0.00 0.44 0.00 0.44 0.00 0.43 0.00 0.38 0.00 0.00
Financial leverage ratio 1.00 1.00 3.70 3.74 3.60 3.60 4.12 4.12 3.96 3.96 3.95 3.95 3.81 3.81 3.96 3.96 3.44 3.44 3.42 3.23

Kohl's Corporation's solvency ratios provide insights into its ability to meet its long-term financial obligations. The debt-to-assets ratio remained relatively stable over the period, with a slight increase in July 2022 and a subsequent decrease in October 2022 and January 2023. This ratio indicates that a small portion of the company's assets is financed through debt.

The debt-to-capital ratio saw fluctuations over the period, peaking at 0.31 in April 2023. This ratio illustrates the proportion of the company's capital structure attributed to debt, with Kohl's having a moderate level of debt relative to its total capital during certain quarters.

The debt-to-equity ratio exhibited a similar trend to the debt-to-capital ratio, with a peak in October 2023. This ratio signifies the extent to which the company's operations are funded by debt versus equity, showing that Kohl's had a higher reliance on debt financing during specific periods.

The financial leverage ratio, which reflects the company's level of financial risk, showed fluctuations over the period, spiking in October 2023 before declining in subsequent quarters. This ratio suggests that Kohl's financial risk profile varied, with a significant increase in leverage at a certain point before improving later on.

Overall, Kohl's Corporation's solvency ratios indicate a mix of stable and fluctuating levels of debt and financial risk over the analyzed period, highlighting the importance of monitoring these metrics to assess the company's long-term financial health and ability to meet its obligations.


Coverage ratios

Jan 31, 2025 Oct 31, 2024 Jul 31, 2024 Apr 30, 2024 Feb 3, 2024 Jan 31, 2024 Oct 31, 2023 Oct 28, 2023 Jul 31, 2023 Jul 29, 2023 Apr 30, 2023 Apr 29, 2023 Jan 31, 2023 Jan 28, 2023 Oct 31, 2022 Oct 29, 2022 Jul 31, 2022 Jul 30, 2022 Apr 30, 2022 Jan 31, 2022
Interest coverage 1.36 2.16 2.81 2.75 3.75 2.54 2.47 2.18 1.93 0.14 -1.85 -1.32 -0.88 1.47 3.94 3.49 4.10 6.12 5.70 8.64

The interest coverage ratio measures a company's ability to meet its interest obligations on outstanding debt. A higher ratio indicates a stronger ability to cover interest expenses from operating income.

Analyzing the interest coverage ratios of Kohl's Corporation shows some fluctuations over the periods. The data indicates that the interest coverage ratio was relatively strong at the beginning of January 2022, with a ratio of 8.64, suggesting a comfortable coverage of interest expenses.

However, the ratio declined in subsequent periods, dropping to 5.70 by April 30, 2022, and further decreasing to 3.49 by October 29, 2022. This may indicate a potential strain on Kohl's ability to cover its interest expenses with its operating income during these periods.

Subsequently, the interest coverage ratio improved slightly in 2023, with minor fluctuations, but still remained below the comfort level, as indicated by negative ratios in some periods. By January 31, 2024, the ratio was recorded at 2.54, which is below the industry benchmark.

Overall, the trend in Kohl's interest coverage ratio reflects some challenges in meeting interest obligations from operating income, as the ratios have been inconsistent and occasionally below the ideal level of 1.5 or higher. Investors and creditors may closely monitor this metric to assess the company's financial health and ability to service its debt in the long term.