Target Corporation (TGT)
Debt-to-capital ratio
| Feb 1, 2025 | Nov 2, 2024 | Aug 3, 2024 | May 4, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 14,666,000 | 14,489,000 | 14,429,000 | 13,840,000 | 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 |
| 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 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 since May 2, 2020, up to February 1, 2025. This indicates that Target Corporation has not utilized debt as a significant source of financing relative to its total capital structure during this period. A debt-to-capital ratio of 0.00 suggests that the company's capital structure is primarily equity-funded, which can be viewed positively as it signifies lower financial risk and potentially lower interest expenses. However, it is important to assess other financial ratios and metrics alongside the debt-to-capital ratio to gain a comprehensive understanding of Target Corporation's overall financial health and performance.
Peer comparison
Feb 1, 2025