Nordstrom (BSP:J1WN34) Debt-to-Equity : 5.28 (As of Jan. 2024)

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What is Nordstrom Debt-to-Equity?

Nordstrom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$2,410 Mil. Nordstrom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$19,619 Mil. Nordstrom's Total Stockholders Equity for the quarter that ended in Jan. 2024 was R$4,171 Mil. Nordstrom's debt to equity for the quarter that ended in Jan. 2024 was 5.28.

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

BSP:J1WN34' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.28 Med: 4.06 Max: 17.1
Current: 5.28

During the past 13 years, the highest Debt-to-Equity Ratio of Nordstrom was 17.10. The lowest was 1.28. And the median was 4.06.

BSP:J1WN34's Debt-to-Equity is ranked worse than
96.1% of 1001 companies
in the Retail - Cyclical industry
Industry Median: 0.62 vs BSP:J1WN34: 5.28

Nordstrom Debt-to-Equity Historical Data

The historical data trend for Nordstrom'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.

Nordstrom Debt-to-Equity Chart

Nordstrom Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-Equity

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4.90

17.10

8.01

6.28

5.28

Nordstrom Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-Equity	Get a 7-Day Free Trial															6.28	8.19	6.64	6.17	5.28

Competitive Comparison of Nordstrom's Debt-to-Equity

For the Department Stores subindustry, Nordstrom'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.

Nordstrom's Debt-to-Equity Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where Nordstrom's Debt-to-Equity falls into.

Nordstrom Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Nordstrom's Debt to Equity Ratio for the fiscal year that ended in Jan. 2024 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
	=	(2409.918	+	19618.7)	/	4170.634
	=	5.28

Nordstrom's Debt to Equity Ratio for the quarter that ended in Jan. 2024 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
	=	(2409.918	+	19618.7)	/	4170.634
	=	5.28

Nordstrom (BSP:J1WN34) 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.

Nordstrom Debt-to-Equity Related Terms

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

Nordstrom (BSP:J1WN34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Nordstrom Inc (BSP:J1WN34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

JWN:USA JWN:Mexico NRD:Germany NRD:Germany

Address

1617 Sixth Avenue, Seattle, WA, USA, 98101

Website

https://www.Nordstrom.com

Nordstrom is a fashion retailer that operates about 93 department stores and approximately 260 off-price Nordstrom Rack stores. The company also operates both full- and off-price e-commerce sites, two clearance stores, and seven Local locations. Nordstrom's largest merchandise categories are women's apparel (28% of 2022 sales), shoes (26% of 2022 sales), men's apparel (15% of 2022 sales), and women's accessories (13% of 2022 sales). Nordstrom, which traces its history to a shoe store opened in Seattle in 1901, continues to be partially owned and managed by members of the eponymous family.

Nordstrom (BSP:J1WN34) Headlines

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