Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Kroger Co's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $11,615 Mil. The Kroger Co's Total Assets for the quarter that ended in Jan. 2024 was $50,505 Mil.
Therefore, The Kroger Co's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.23.
The historical rank and industry rank for The Kroger Co's Equity-to-Asset or its related term are showing as below:
KR'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.18 Med: 0.2 Max: 0.23
Current: 0.23
During the past 13 years, the highest Equity to Asset Ratio of The Kroger Co was 0.23. The lowest was 0.18. And the median was 0.20.
KR's Equity-to-Asset is ranked worse than 77.07% of 314
companies
in the Retail - Defensive industry
Industry Median: 0.39
vs KR: 0.23
The Kroger Co Equity-to-Asset Historical Data
The historical data trend for The Kroger Co's Equity-to-Asset 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.
The Kroger Co Annual Data
Trend
Jan15
Jan16
Jan17
Jan18
Jan19
Jan20
Jan21
Jan22
Jan23
Jan24
Equity-to-Asset
0.19
0.20
0.19
0.20
0.23
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
Equity-to-Asset
0.20
0.22
0.21
0.22
0.23
Competitive Comparison
For the Grocery Stores subindustry, The Kroger Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Equity-to-Asset falls into.
The Kroger Co Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
The Kroger Co's Equity to Asset Ratio for the fiscal year 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 (NYSE:KR) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
The Kroger Co Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of The Kroger Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
The Kroger Co (The Kroger Co) Business Description
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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
KR has been successfully added to your 