Kroger Balance Sheet Health
Financial Health criteria checks 3/6
Kroger has a total shareholder equity of $12.5B and total debt of $10.2B, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are $51.4B and $38.9B respectively. Kroger's EBIT is $4.8B making its interest coverage ratio 12.1. It has cash and short-term investments of $2.8B.
Key information
81.3%
Debt to equity ratio
US$10.17b
Debt
| Interest coverage ratio | 12.1x |
| Cash | US$2.79b |
| Equity | US$12.51b |
| Total liabilities | US$38.93b |
| Total assets | US$51.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JS2's short term assets ($14.1B) do not cover its short term liabilities ($16.1B).
Long Term Liabilities: 0JS2's short term assets ($14.1B) do not cover its long term liabilities ($22.8B).
Debt to Equity History and Analysis
Debt Level: 0JS2's net debt to equity ratio (59%) is considered high.
Reducing Debt: 0JS2's debt to equity ratio has reduced from 145.7% to 81.3% over the past 5 years.
Debt Coverage: 0JS2's debt is well covered by operating cash flow (57.9%).
Interest Coverage: 0JS2's interest payments on its debt are well covered by EBIT (12.1x coverage).