Macy’s Inc (M)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 2,706,000 | — | — | 2,325,000 | — | 2,482,000 | — | 2,468,000 | — | 2,555,000 | — | 2,371,000 | — | 2,506,000 | — | — |
| Total stockholders’ equity | US$ in thousands | 4,552,000 | 17,293,000 | 4,303,000 | 4,186,000 | 4,137,000 | 4,137,000 | 4,144,000 | 4,144,000 | 4,210,000 | 4,210,000 | 4,170,000 | 4,170,000 | 4,082,000 | 4,082,000 | 3,475,000 | 3,475,000 | 3,531,000 | 3,531,000 | 3,278,000 | 3,621,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.40 | 0.00 | 0.00 | 0.36 | 0.00 | 0.37 | 0.00 | 0.37 | 0.00 | 0.38 | 0.00 | 0.41 | 0.00 | 0.42 | 0.00 | 0.00 |
January 31, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $4,552,000K)
= 0.00
The debt-to-capital ratio of Macy’s Inc shows fluctuations over the given period. In July 2022, the ratio was 0.42, indicating that 42% of the company's capital structure was funded by debt. This was followed by a decrease to 0.41 in October 2022 and further decreases to 0.38 in January 2023 and 0.37 in April and July 2023. The ratio remained stable at 0.36 in October 2023 before dropping to 0.40 in February 2024. From April 2024 to October 2024, the ratio was consistently at 0.00, indicating a lower reliance on debt to fund the company's operations. Overall, the debt-to-capital ratio of Macy’s Inc has shown variability, with periods of higher and lower debt levels relative to its capital structure.
Peer comparison
Jan 31, 2025