Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. The Kroger Co's cash to debt ratio for the quarter that ended in Jan. 2024 was 0.16.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, The Kroger Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.
The historical rank and industry rank for The Kroger Co's Cash-to-Debt or its related term are showing as below:
KR'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.11 Max: 0.16
Current: 0.16
During the past 13 years, The Kroger Co's highest Cash to Debt Ratio was 0.16. The lowest was 0.08. And the median was 0.11.
The Kroger Co Cash-to-Debt Historical Data
The historical data trend for The Kroger Co's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
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The Kroger Co Annual Data
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|
Trend |
Jan15 |
Jan16 |
Jan17 |
Jan18 |
Jan19 |
Jan20 |
Jan21 |
Jan22 |
Jan23 |
Jan24 |
| Cash-to-Debt |
|
|
|
|
|
|
0.08 |
0.14 |
0.14 |
0.11 |
0.16 |
|
The Kroger Co Quarterly Data
|
|
Apr19 |
Jul19 |
Oct19 |
Jan20 |
Apr20 |
Jul20 |
Oct20 |
Jan21 |
Apr21 |
Jul21 |
Oct21 |
Jan22 |
Apr22 |
Jul22 |
Oct22 |
Jan23 |
Apr23 |
Jul23 |
Oct23 |
Jan24 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.11 |
0.19 |
0.18 |
0.15 |
0.16 |
Competitive Comparison
For the Grocery Stores subindustry, The Kroger Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
The Kroger Co Cash-to-Debt Distribution
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Cash-to-Debt falls into.
The Kroger Co Cash-to-Debt Calculation
This is the ratio of a company's
Cash, Cash Equivalents, Marketable Securities
to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.
The Kroger Co's Cash to Debt Ratio for the fiscal year that ended in Jan. 2024 is calculated as:
The Kroger Co's Cash to Debt Ratio for the quarter that ended in Jan. 2024 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The Kroger Co (The Kroger Co) Business Description
Traded in Other Exchanges
Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
| Carin L Fike |
officer: Vice President and Treasurer |
1014 VINE STREET, CINCINNATI OH 45202 |
| Timothy A Massa |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Christine S Wheatley |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Kenneth C Kimball |
officer: Senior Vice President |
C/O THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Stuart Aitken |
officer: Group Vice President |
C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203 |
| Yael Cosset |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Gary Millerchip |
officer: Senior Vice President and CFO |
1014 VINE STREET, CINCINNATI OH 45202 |
| Todd A Foley |
officer: Vice President and Treasurer |
1014 VINE STREET, CINCINNATI OH 45202 |
| Valerie L. Jabbar |
officer: Senior Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Mary Ellen Adcock |
officer: Group Vice President |
1014 VINE STREET, CINCINNATI OH 45202 |
| Calvin J Kaufman |
officer: Group Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Mark C Tuffin |
officer: Senior Vice President |
THE KROGER CO., 1014 VINE STREET, CINCINNATI OH 45202 |
| Elaine L. Chao |
director |
C/O DOLE FOOD COMPANY, INC., ONE DOLE DRIVE, WESTLAKE VILLAGE CA 91362 |
| Michael Joseph Donnelly |
officer: Senior Vice President |
|
| Susan J Kropf |
director |
C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196 |
The Kroger Co (The Kroger Co) Headlines
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