Target Corporation (TGT)
Debt-to-capital ratio
| Feb 1, 2025 | Feb 3, 2024 | Jan 28, 2023 | Jan 29, 2022 | Jan 30, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,666,000 | 13,432,000 | 11,232,000 | 12,827,000 | 14,440,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
February 1, 2025 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $14,666,000K)
= 0.00
The debt-to-capital ratio for Target Corporation has consistently remained at 0.00 from January 30, 2021, to February 1, 2025. This indicates that the company has been financing its operations primarily through equity rather than debt. A debt-to-capital ratio of 0.00 suggests a very low level of financial risk and a strong financial position, as there is no debt in the capital structure. This may be viewed positively by investors and lenders due to the lower financial leverage and decreased risk of default. Target Corporation's ability to maintain a debt-to-capital ratio of 0.00 over multiple years reflects its conservative approach to capital structure management and financial stability.
Peer comparison
Feb 1, 2025