The Kroger Co has the Financial Strength Rank of 6.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
The Kroger Co's Interest Coverage for the quarter that ended in Jan. 2024 was 12.00.
The Kroger Co's debt to revenue ratio for the quarter that ended in Jan. 2024 was 0.13.
As of today, The Kroger Co's Altman Z-Score is 4.48.
Competitive Comparison
For the Grocery Stores subindustry, The Kroger Co's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength Distribution
For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Financial Strength distribution charts can be found below:
* The bar in red indicates where The Kroger Co's Financial Strength falls into.
The Kroger Co Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
The Kroger Co's Interest Expense for the
months ended in Jan. 2024 was $-100 Mil. Its Operating Income for the
months ended in Jan. 2024 was $1,200 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $18,379 Mil.
The Kroger Co's Interest Coverage for the quarter that ended in Jan. 2024 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
The Kroger Co's Debt to Revenue Ratio for the quarter that ended in Jan. 2024 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
The Kroger Co has a Z-score of 4.48, indicating it is in Safe Zones. This implies the Z-Score is strong.
Good Sign:
Altman Z-score of 4.48 is strong.
* 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 (The Kroger Co) Business Description
Traded in Other Exchanges
Address
1014 Vine Street, Cincinnati, OH, USA, 45202
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 |
The Kroger Co (The Kroger Co) Headlines
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