Kroger Balance Sheet Health
Financial Health criteria checks 3/6
Kroger has a total shareholder equity of $12.4B and total debt of $12.2B, which brings its debt-to-equity ratio to 98.4%. Its total assets and total liabilities are $51.4B and $39.0B respectively. Kroger's EBIT is $4.9B making its interest coverage ratio 11.9. It has cash and short-term investments of $2.8B.
Key information
98.4%
Debt to equity ratio
US$12.22b
Debt
Interest coverage ratio | 11.9x |
Cash | US$2.85b |
Equity | US$12.41b |
Total liabilities | US$39.03b |
Total assets | US$51.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KR's short term assets ($14.0B) do not cover its short term liabilities ($16.2B).
Long Term Liabilities: KR's short term assets ($14.0B) do not cover its long term liabilities ($22.8B).
Debt to Equity History and Analysis
Debt Level: KR's net debt to equity ratio (75.5%) is considered high.
Reducing Debt: KR's debt to equity ratio has reduced from 148.4% to 98.4% over the past 5 years.
Debt Coverage: KR's debt is well covered by operating cash flow (51.2%).
Interest Coverage: KR's interest payments on its debt are well covered by EBIT (11.9x coverage).