Target Corporation (TGT)

Debt-to-capital 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
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 13,432,000 12,514,000 11,990,000 11,605,000 11,232,000 11,019,000 10,592,000 10,774,000 12,827,000 13,803,000 14,860,000 14,959,000 14,440,000 13,319,000 12,578,000 11,169,000 11,833,000 11,545,000 11,836,000 11,117,000
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

February 3, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $13,432,000K)
= 0.00

The debt-to-capital ratio of Target Corporation has consistently been reported as 0.00 over the past several reporting periods. This indicates that the company has not used debt as a source of capital and has primarily relied on equity financing to fund its operations and investments. A debt-to-capital ratio of 0.00 suggests that the company is not highly leveraged and has a strong financial position with a low level of financial risk associated with debt obligations. It can be interpreted that Target Corporation has effectively managed its capital structure and maintained a conservative approach towards debt financing. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a comprehensive understanding of the company's financial health and risk profile.


Peer comparison

Feb 3, 2024


See also:

Target Corporation Debt to Capital (Quarterly Data)