Walmart (NYSE:WMT) Debt-to-Equity

: 0.82 (As of Jul. 2023)

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Walmart's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $9,568 Mil. Walmart's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2023 was $55,233 Mil. Walmart's Total Stockholders Equity for the quarter that ended in Jul. 2023 was $79,556 Mil. Walmart's debt to equity for the quarter that ended in Jul. 2023 was 0.81.

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 Walmart's Debt-to-Equity or its related term are showing as below:

WMT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.76 Max: 1.11
Current: 0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Walmart was 1.11. The lowest was 0.59. And the median was 0.76.

WMT's Debt-to-Equity is ranked worse than
55.51% of 272 companies
in the Retail - Defensive industry
Industry Median: 0.69 vs WMT: 0.82

Walmart Debt-to-Equity Historical Data

The historical data trend for Walmart'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.

* Premium members only.

Walmart Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

0.80

0.97

0.78

0.69

0.77

Walmart Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23
Debt-to-Equity																0.84	0.91	0.77	0.88	0.82

Competitive Comparison

For the Discount Stores subindustry, Walmart'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.

Annual Data Quarterly Data

Walmart Debt-to-Equity Distribution

For the Retail - Defensive industry and Consumer Defensive sector, Walmart's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Walmart's Debt-to-Equity falls in comparison to its industry or sector. The grey bar indicates the Debt-to-Equity's extreme value range as defined by GuruFocus.

Walmart Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Walmart's Debt to Equity Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(6603	+	52320)	/	76693
	=	0.77

Walmart's Debt to Equity Ratio for the quarter that ended in Jul. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(9568	+	55233)	/	79556
	=	0.81

Walmart (NYSE:WMT) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Walmart Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Walmart's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Walmart (NYSE:WMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Walmart Inc (NYSE:WMT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WMT:Peru WMT:Mexico WMTd:UK 0R1W:UK WMTD:Germany WMT:Germany WMT:Germany WMT:Germany WMT:Germany WMT:Chile WMT:Canada WALM34:Brazil WMT:Austria WMT:Argentina

Address

702 S.W. 8th Street, Bentonville, AR, USA, 72716

Website

https://stock.walmart.com

Walmart serves as the preeminent retailer in the United States, with its strategy predicated on superior operating efficiency and offering the lowest priced goods to consumers to drive robust store traffic and product turnover. Walmart augmented its low-price business strategy by offering a convenient one-stop shopping destination with the opening of its first supercenter in 1988.Today, Walmart operates over 4,700 stores in the United States (5,300 including Sam's Club) and over 10,000 stores globally. Walmart generated over $420 billion in domestic namesake sales last year, with Sam's Club contributing another $84 billion to the firm's top line. Internationally, Walmart generated $100 billion in sales. The company serves around 240 million customers globally.

Executives

John D Rainey	officer: Executive Vice President	C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Randall L Stephenson	director	208 S. AKARD ST., DALLAS TX 75202
Donna Morris	officer: Executive Vice President	345 PARK AVENUE, SAN JOSE CA 95110
Kathryn J. Mclay	officer: Executive Vice President	702 S.W. 8TH STREET, BENTONVILLE AR 72716
Suresh Kumar	officer: Chief Technology Officer	860 W. CALIFORNIA AVE., SUNNYVALE CA 94086
Cesar Conde	director	ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Stephen Easterbrook	director	MCDONALD'S CORPORATION, 110 NORTH CARPENTER STREET, CHICAGO IL 60607
Rachel L Brand	officer: Executive Vice President	702 S.W. 8TH STREET, BENTONVILLE AR 72716
Sarah Friar	director	C/O NEXTDOOR HOLDINGS, INC., 420 TAYLOR STREET, SAN FRANCISCO CA 94102
Judith J Mckenna	officer: Executive Vice President	702 S.W. 8TH STREET, BENTONVILLE AR 72716
Carla A Harris	director	702 SW 8TH STREET, BENTONVILLE AR 72716
John R. Furner	officer: Executive Vice President	702 SW 8TH STREET, BENTONVILLE AR 72716
David Chojnowski	officer: Senior Vice President	5505 BLUE LAGOON DRIVE, MIAMI FL 33126
Marc E. Lore	officer: Executive Vice President	443 GREENWICH STREET, PHA, NEW YORK NY 10013
Steuart L Walton	director	702 SW 8TH STREET, BENTONVILLE AR 72716