Albertsons's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $1,412 Mil. Albertsons's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $13,311 Mil. Albertsons's Total Stockholders Equity for the quarter that ended in Nov. 2023 was $2,527 Mil.
Albertsons's debt to equity for the quarter that ended in Nov. 2023 was 5.83.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Albertsons's Debt-to-Equity or its related term are showing as below:
ACI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 2.1 Med: 7.5 Max: 20
Current: 5.83
During the past 11 years, the highest Debt-to-Equity Ratio of Albertsons was 20.00. The lowest was 2.10. And the median was 7.50.
Albertsons Debt-to-Equity Historical Data
The historical data trend for Albertsons's Debt-to-Equity 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.
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Albertsons Annual Data
|
|
Trend |
Feb14 |
Feb15 |
Feb16 |
Feb17 |
Feb18 |
Feb19 |
Feb20 |
Feb21 |
Feb22 |
Feb23 |
| Debt-to-Equity |
|
|
|
|
|
|
7.30 |
6.44 |
10.92 |
4.64 |
9.29 |
|
Albertsons Quarterly Data
|
|
Feb19 |
May19 |
Aug19 |
Nov19 |
Feb20 |
May20 |
Aug20 |
Nov20 |
Feb21 |
May21 |
Aug21 |
Nov21 |
Feb22 |
May22 |
Aug22 |
Nov22 |
Feb23 |
May23 |
Aug23 |
Nov23 |
| Debt-to-Equity |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
18.57 |
9.29 |
7.27 |
6.61 |
5.83 |
Competitive Comparison
For the Grocery Stores subindustry, Albertsons's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Albertsons Debt-to-Equity Distribution
For the Retail - Defensive industry and Consumer Defensive sector, Albertsons's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Albertsons's Debt-to-Equity falls into.
Albertsons Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Albertsons's Debt to Equity Ratio for the fiscal year that ended in Feb. 2023 is calculated as
Albertsons's Debt to Equity Ratio for the quarter that ended in Nov. 2023 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.
Albertsons (Albertsons) Business Description
Traded in Other Exchanges
Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second-largest conventional grocer in America, operating 2,271 stores under 24 banners in 34 states (as of the end of fiscal 2022). Around 75% of stores have pharmacies, while nearly 20% also sell fuel. Albertsons has a significant private-label operation, accounting for around 25% of sales (excluding fuel). While its own brand assortment is mainly manufactured by third parties, Albertsons operates 19 food production plants (as of the end of fiscal 2022). Albertsons is a top two grocer in two thirds of its major markets (as of early 2022, according to company data), and virtually all of its sales come from the United States. Narrow-moat Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.
Executives
| Thomas M Moriarty |
officer: EVP General Counsel & CPO |
100 PARSONS POND DRIVE, FRANKLIN LAKES NJ 07417 |
| Robert Bruce Larson |
officer: Chief Accounting Officer |
3103 S OLD HICKORY, BOISE ID 83712 |
| Klaff Realty Lp |
10 percent owner, other: See Remarks |
180 N. MICHIGAN AVE, SUITE 300, CHICAGO IL 60601 |
| Mohammad Omer Gajial |
officer: EVP, Pharmacy & Health |
250 E. PARKCENTER BLVD., BOISE ID 83706 |
| Jubilee Abs Holding Llc |
other: See Footnote (2) |
4300 E. FIFTH AVE., COLUMBUS OH 43219 |
| Kimco Realty Corp |
other: See Remarks |
500 NORTH BROADWAY, SUITE 201, JERICHO NY 11753 |
| Susan Morris |
officer: See Remarks |
ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706 |
| Evan Rainwater |
officer: EVP, Supp Chain&Manufacturing |
250 E. PARKCENTER BLVD., BOISE ID 83706 |
| Chris Rupp |
officer: See Remarks |
ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706 |
| Anuj Dhanda |
officer: See Remarks |
ALBERTSONS COMPANIES, INC., 250 PARKCENTER BOULEVARD, BOISE ID 83706 |
| Sharon Mccollam |
officer: President & CFO |
C/O OFFICEMAX INCORPORATED, 263 SHUMAN BLVD., NAPERVILLE IL 60563 |
| Jennifer Saenz |
officer: Chief Marketing Officer |
250 E. PARKCENTER BLVD., BOISE ID 83706 |
| Chan Galbato |
director |
191 E NORTH AVENUE, CAROL STREAM IL 60188 |
| Stone West Mary E |
director |
C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861 |
| Shant Babikian |
director |
C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOO NY 10019 |
Albertsons (Albertsons) Headlines
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