Walmart (WMT) - Total debt (2024)

FAQs

What is the total debt of Walmart? ›

Total debt on the balance sheet as of January 2024 : $61.32 B. According to Walmart's latest financial reports the company's total debt is $61.32 B. A company's total debt is the sum of all current and non-current debts.

Walmart has over 2 million employees and spends billions of dollars on capital expenditures each year to maintain and refurbish its stores and distribution centers, and build new ones. In order to fund those expenditures, the company has taken on a lot of debt.

It is simplified by adding the latest one-year quarterly average Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation together. As of Apr. 2024, Walmart's latest one-year quarterly average Book Value of Debt (D) is $64838.2 Mil.

Walmart might owe you money, if you've purchased bagged fruit or items that are priced based on weight. There's a $45 million settlement to resolve allegations the retail giant overcharged customers across the country for certain items over the last four years.

Currently, it has $39.6 billion worth of long-term debt on its balance sheet, $3.45 billion of which is due in the next year. Image source: Walmart. Walmart paid $2.3 billion in interest on that debt last year, but it generated $27 billion in operating income and $15.1 billion in free cash flow.

Walmart (WMT) has a mix of debt and equity in its capital structure. The retailer's (XRT) total debt, both short and long-term, is ~$56.6 billion. Its debt works out to 69.6% and 27.7% as a percentage of equity and total assets, respectively. Walmart is a blue-chip company.

Walmart's total revenues grew by 7% year over year (YoY) in FY 2023, up from 2% YoY in FY 2022. Walmart's operating income declined in FY 2023, reaching $20 billion. The operating profit margin declined from 5% in FY 2022 to 3% in FY 2023 (please see below for the graphic covering Walmart profits analysis).

The presence of a Walmart store can hurt the business of smaller companies and lower wages for local workers. Much of the Walmart Effect can be attributed to Walmart's immense buying power. The Walmart Effect can also affect suppliers, who must drive their production costs down in order to afford to sell to Walmart.

Debt Level: WMT's net debt to equity ratio (38.3%) is considered satisfactory. Interest Coverage: WMT's interest payments on its debt are well covered by EBIT (12.7x coverage).

Cash on Hand as of January 2024 : $9.86 B

According to Walmart's latest financial reports the company has $9.86 B in cash and cash equivalents. A company's cash on hand also refered as cash/cash equivalents (CCE) and Short-term investments, is the amount of accessible money a business has.

Is Walmart debt-to-equity ratio good? ›

Walmart's debt / equity for fiscal years ending January 2020 to 2024 averaged 80.4%. Walmart's operated at median debt / equity of 78.6% from fiscal years ending January 2020 to 2024.

Related Content. A book debt is a sum of money due to a business in the ordinary course of its business. It has been described as a debt that would normally be entered in the books of the business regardless of whether or not it is in fact entered.

Walmart has the Financial Strength Rank of 7.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is.

In the three-month period that ended Jan. 31, Walmart's net income fell to $5.49 billion or $2.03 per share, compared with $6.28 billion, or $2.32 per share, in the year-ago period. Revenue increased from $164.05 billion in the year-ago period.

Walmart has returned to the debt market to raise about $5 billion in capital that will be used for general purposes, the company said. The retail giant is selling notes in three-year, five-year, eight-year, 10-year and 20-year maturities.

Jim Walton owns the most shares of Walmart (WMT). The ownership structure can impact the company's decision making, as large institutional investors may exert influence on the company's management and can also affect the company's stock price with their buying and selling patterns.