The Kroger Co (The Kroger Co) Debt-to-EBITDA

: 2.51 (As of Jan. 2024)

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Debt-to-EBITDA measures a company's ability to pay off its debt.

The Kroger Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $868 Mil. The Kroger Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $18,379 Mil. The Kroger Co's annualized EBITDA for the quarter that ended in Jan. 2024 was $7,664 Mil. The Kroger Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 2.51.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for The Kroger Co's Debt-to-EBITDA or its related term are showing as below:

KR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.13 Med: 2.78 Max: 3.61
Current: 2.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of The Kroger Co was 3.61. The lowest was 2.13. And the median was 2.78.

KR's Debt-to-EBITDA is ranked worse than
52.57% of 253 companies
in the Retail - Defensive industry
Industry Median: 2.67 vs KR: 2.74

The Kroger Co Debt-to-EBITDA Historical Data

The historical data trend for The Kroger Co's Debt-to-EBITDA 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

Debt-to-EBITDA

3.61

2.83

3.38

2.91

2.74

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
Debt-to-EBITDA																3.22	2.01	6.57	2.74	2.51

Competitive Comparison

For the Grocery Stores subindustry, The Kroger Co's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA Distribution

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where The Kroger Co's Debt-to-EBITDA falls into.

The Kroger Co Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

The Kroger Co's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(868	+	18379)	/	7027
	=	2.74

The Kroger Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(868	+	18379)	/	7664
	=	2.51

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jan. 2024) EBITDA data.

The Kroger Co (NYSE:KR) Debt-to-EBITDA Explanation

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

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The Kroger Co Debt-to-EBITDA Related Terms

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

The Kroger Co (The Kroger Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » The Kroger Co (NYSE:KR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

KR:Mexico 1KR:Italy KOG:Germany KOG:Germany KOG:Germany K1RC34:Brazil KR:Austria

Address

1014 Vine Street, Cincinnati, OH, USA, 45202

Website

https://www.thekrogerco.com

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