Kroger Co-The (KR) is a leading American retail company that operates a chain of supermarkets and convenience stores across the United States. The company's financial performance is reflected in its income statement, which provides details about its revenue, expenses, and net income. In the latest fiscal year, Kroger generated a total revenue of $122.3 billion, with a gross profit of $27.4 billion. The company's EBIT (earnings before interest and taxes) stood at $2.7 billion, while its EBITDA (earnings before interest, taxes, depreciation, and amortization) amounted to $4.3 billion. Kroger's net income from stockholders was reported at $2.1 billion, showcasing the company's profitability.
On the balance sheet, Kroger lists its total assets, total liabilities, and stockholders' equity. The company's total assets were valued at $32.3 billion, reflecting its substantial presence in the retail industry. Kroger's total liabilities stood at $20.1 billion, including its total debt of $15.8 billion. The stockholders' equity, which represents the ownership interest in the company, amounted to $12.2 billion, indicating the investors' stake in Kroger's operations.
In terms of cash flow, Kroger managed its finances effectively. The company's operating cash flow, which represents the cash generated from its core business operations, was recorded at $3.9 billion. Kroger's investing cash flow, related to its capital expenditures and acquisitions, stood at $1.4 billion. On the other hand, the financing cash flow, which includes activities such as debt repayments and dividends paid to stockholders, was reported at $1.3 billion. The resulting free cash flow, which represents the cash available for further investments or distribution to stockholders, amounted to $2.5 billion.
Within Kroger's balance sheet, the company also includes information regarding its cash equivalents, which are highly liquid assets that can be easily converted into cash. The financials show that Kroger had $1.6 billion in cash equivalents, indicating its ability to meet short-term obligations or seize potential business opportunities. Additionally, Kroger's net debt, which represents its total debt minus cash and cash equivalents, was reported at $14.2 billion.
In conclusion, Kroger Co-The (KR) demonstrates strong financial performance with significant total revenue and gross profit. The company efficiently manages its cash flow, with healthy operating and free cash flows. Kroger's balance sheet indicates a solid position in terms of total assets and stockholders' equity. The company's financials highlight its ability to navigate the retail industry successfully and maintain profitability.