46/100B159.720
USD
-1.21
(-0.75%)
Market Open
Last updated: · Delayed 15 min
Fair value150.64Plus+6%94Price 159.72220
Q3 FY2027 · Earnings report
EPS estimate 2.07Revenue estimate 26.49B
Q3 FY2027 · Earnings report
EPS estimate 2.07Revenue estimate 26.49B
Target debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Target's debt to equity ratio is 1.05: total debt of 18.70B USD against shareholders' equity of 17.84B USD.
- Today
- 1.05
- Average, 5 years
- 1.41
- Low, 5 years
- 1.05
- High, 5 years
- 1.73
Debt to equity = total debt ÷ shareholders' equity = 18.70B ÷ 17.84B = 1.05
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 1.05 | 18.70B | 17.84B | |
| FY2025 | 31 Jan 2026 | 1.26 | 20.29B | 16.17B |
| FY2024 | 1 Feb 2025 | 1.36 | 19.88B | 14.67B |
| FY2023 | 3 Feb 2024 | 1.46 | 19.65B | 13.43B |
| FY2022 | 28 Jan 2023 | 1.70 | 19.07B | 11.23B |
| FY2021 | 29 Jan 2022 | 1.28 | 16.47B | 12.83B |
| FY2020 | 30 Jan 2021 | 1.05 | 15.11B | 14.44B |
| FY2019 | 1 Feb 2020 | 1.18 | 13.97B | 11.83B |
| FY2018 | 2 Feb 2019 | 1.19 | 13.45B | 11.30B |
| FY2017 | 3 Feb 2018 | 1.16 | 13.47B | 11.65B |
| FY2016 | 28 Jan 2017 | 1.16 | 12.75B | 10.95B |
| FY2015 | 30 Jan 2016 | 0.98 | 12.76B | 12.96B |
| FY2014 | 31 Jan 2015 | 0.91 | 12.73B | 14.00B |
| FY2013 | 1 Feb 2014 | 0.77 | 12.57B | 16.23B |
| FY2012 | 2 Feb 2013 | 1.07 | 17.65B | 16.56B |
| FY2011 | 28 Jan 2012 | 1.04 | 16.48B | 15.82B |
| FY2010 | 29 Jan 2011 | 1.02 | 15.73B | 15.49B |
| FY2009 | 30 Jan 2010 | 1.10 | 16.81B | 15.35B |
| FY2008 | 31 Jan 2009 | 1.37 | 18.75B | 13.71B |
| FY2007 | 2 Feb 2008 | 1.12 | 17.09B | 15.31B |
| FY2006 | 3 Feb 2007 | 0.64 | 10.04B | 15.63B |
| FY2005 | 28 Jan 2006 | 0.69 | 9.87B | 14.21B |
| FY2004 | 29 Jan 2005 | 0.73 | 9.54B | 13.03B |
| FY2003 | 31 Jan 2004 | 1.00 | 11.02B | 11.07B |
| FY2002 | 1 Feb 2003 | 1.18 | 11.16B | 9.44B |
| FY2001 | 2 Feb 2002 | 1.14 | 8.99B | 7.86B |
| FY2000 | 3 Feb 2001 | 1.00 | 6.49B | 6.52B |
| FY1999 | 29 Jan 2000 | 0.86 | 5.02B | 5.86B |
| FY1998 | 30 Jan 1999 | 0.88 | 4.71B | 5.34B |
| FY1997 | 31 Jan 1998 | 1.05 | 4.70B | 4.49B |
| FY1996 | 1 Feb 1997 | 1.31 | 5.04B | 3.84B |
| FY1995 | 3 Feb 1996 | 1.48 | 5.14B | 3.47B |
| FY1994 | 28 Jan 1995 | 1.45 | 4.70B | 3.24B |
| FY1993 | 29 Jan 1994 | 1.61 | 4.65B | 2.89B |
| FY1992 | 31 Jan 1993 | 1.82 | 4.72B | 2.59B |
| FY1991 | 31 Jan 1992 | 2.04 | 4.68B | 2.30B |
| FY1990 | 31 Jan 1991 | 1.95 | 4.04B | 2.07B |
| FY1989 | 31 Jan 1990 | 1.61 | 2.82B | 1.75B |
| FY1988 | 31 Jan 1989 | 1.41 | 2.63B | 1.86B |
| FY1987 | 31 Jan 1988 | 1.10 | 2.19B | 1.99B |
| FY1986 | 31 Jan 1987 | 0.64 | 1.39B | 2.18B |
| FY1985 | 31 Jan 1986 | 0.49 | 947.50M | 1.95B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q2 FY2026 | 1 Aug 2026 | 1.05 | 18.70B | 17.84B |
| Q1 FY2026 | 2 May 2026 | 1.15 | 18.83B | 16.40B |
| Q4 FY2025 | 31 Jan 2026 | 1.26 | 20.29B | 16.17B |
| Q3 FY2025 | 1 Nov 2025 | 1.29 | 20.04B | 15.50B |
| Q2 FY2025 | 2 Aug 2025 | 1.30 | 19.97B | 15.42B |
| Q1 FY2025 | 3 May 2025 | 1.27 | 19.04B | 14.95B |
| Q4 FY2024 | 1 Feb 2025 | 1.36 | 19.88B | 14.67B |
| Q3 FY2024 | 2 Nov 2024 | 1.34 | 19.40B | 14.49B |
| Q2 FY2024 | 3 Aug 2024 | 1.30 | 18.74B | 14.43B |
| Q1 FY2024 | 4 May 2024 | 1.41 | 19.49B | 13.84B |
| Q4 FY2023 | 3 Feb 2024 | 1.46 | 19.65B | 13.43B |
| Q3 FY2023 | 28 Oct 2023 | 1.52 | 19.03B | 12.51B |
| Q2 FY2023 | 29 Jul 2023 | 1.57 | 18.83B | 11.99B |
| Q1 FY2023 | 29 Apr 2023 | 1.62 | 18.83B | 11.61B |
| Q4 FY2022 | 28 Jan 2023 | 1.70 | 19.07B | 11.23B |
| Q3 FY2022 | 29 Oct 2022 | 1.73 | 19.03B | 11.02B |
| Q2 FY2022 | 30 Jul 2022 | 1.67 | 17.65B | 10.59B |
| Q1 FY2022 | 30 Apr 2022 | 1.58 | 17.05B | 10.77B |
| Q4 FY2021 | 29 Jan 2022 | 1.28 | 16.47B | 12.83B |
| Q3 FY2021 | 30 Oct 2021 | 1.11 | 15.26B | 13.80B |
| Q2 FY2021 | 31 Jul 2021 | 1.03 | 15.24B | 14.86B |
| Q1 FY2021 | 1 May 2021 | 1.00 | 15.02B | 14.96B |
| Q4 FY2020 | 30 Jan 2021 | 1.05 | 15.11B | 14.44B |
| Q3 FY2020 | 31 Oct 2020 | 1.11 | 14.82B | 13.32B |
| Q2 FY2020 | 1 Aug 2020 | 1.31 | 16.54B | 12.58B |
| Q1 FY2020 | 2 May 2020 | 1.48 | 16.49B | 11.17B |
| Q4 FY2019 | 1 Feb 2020 | 1.18 | 13.97B | 11.83B |
| Q3 FY2019 | 2 Nov 2019 | 1.20 | 13.88B | 11.55B |
| Q2 FY2019 | 3 Aug 2019 | 1.15 | 13.63B | 11.84B |
| Q1 FY2019 | 4 May 2019 | 1.30 | 14.48B | 11.12B |
| Q4 FY2018 | 2 Feb 2019 | 1.19 | 13.45B | 11.30B |
| Q3 FY2018 | 3 Nov 2018 | 1.24 | 13.69B | 11.08B |
| Q2 FY2018 | 4 Aug 2018 | 1.18 | 13.18B | 11.17B |
| Q1 FY2018 | 5 May 2018 | 1.20 | 13.40B | 11.16B |
| Q4 FY2017 | 3 Feb 2018 | 1.16 | 13.47B | 11.65B |
| Q3 FY2017 | 28 Oct 2017 | 1.13 | 12.63B | 11.14B |
| Q2 FY2017 | 29 Jul 2017 | 1.10 | 12.25B | 11.10B |
| Q1 FY2017 | 29 Apr 2017 | 1.16 | 12.80B | 11.02B |
| Q4 FY2016 | 28 Jan 2017 | 1.16 | 12.75B | 10.95B |
| Q3 FY2016 | 29 Oct 2016 | 1.16 | 12.83B | 11.07B |
| Q2 FY2016 | 30 Jul 2016 | 1.10 | 12.71B | 11.58B |
| Q1 FY2016 | 30 Apr 2016 | 1.13 | 14.22B | 12.55B |
| Q4 FY2015 | 30 Jan 2016 | 0.98 | 12.76B | 12.96B |
| Q3 FY2015 | 31 Oct 2015 | 0.96 | 12.78B | 13.26B |
| Q2 FY2015 | 1 Aug 2015 | 0.91 | 12.72B | 13.94B |
| Q1 FY2015 | 2 May 2015 | 0.90 | 12.77B | 14.17B |
| Q4 FY2014 | 31 Jan 2015 | 0.91 | 12.73B | 14.00B |
| Q3 FY2014 | 1 Nov 2014 | 0.87 | 14.30B | 16.37B |
| Q2 FY2014 | 2 Aug 2014 | 0.86 | 14.16B | 16.43B |
| Q1 FY2014 | 3 May 2014 | 0.85 | 14.09B | 16.49B |
| Q4 FY2013 | 1 Feb 2014 | 0.77 | 12.57B | 16.23B |
| Q3 FY2013 | 2 Nov 2013 | 0.92 | 14.79B | 16.16B |
| Q2 FY2013 | 3 Aug 2013 | 0.90 | 14.49B | 16.02B |
| Q1 FY2013 | 4 May 2013 | 0.86 | 14.21B | 16.52B |
| Q4 FY2012 | 2 Feb 2013 | 1.07 | 17.65B | 16.56B |
| Q3 FY2012 | 27 Oct 2012 | 1.04 | 17.05B | 16.35B |
| Q2 FY2012 | 28 Jul 2012 | 1.16 | 18.51B | 15.90B |
| Q1 FY2012 | 28 Apr 2012 | 1.10 | 17.45B | 15.86B |
| Q4 FY2011 | 28 Jan 2012 | 1.04 | 16.48B | 15.82B |
| Q3 FY2011 | 29 Oct 2011 | 1.24 | 18.97B | 15.26B |
| Q2 FY2011 | 30 Jul 2011 | 1.16 | 17.54B | 15.11B |
| Q1 FY2011 | 30 Apr 2011 | 1.03 | 15.73B | 15.23B |
| Q4 FY2010 | 29 Jan 2011 | 1.02 | 15.73B | 15.49B |
| Q3 FY2010 | 30 Oct 2010 | 1.11 | 16.53B | 14.88B |
| Q2 FY2010 | 31 Jul 2010 | 1.08 | 16.55B | 15.27B |
| Q1 FY2010 | 1 May 2010 | 1.00 | 15.66B | 15.60B |
| Q4 FY2009 | 30 Jan 2010 | 1.10 | 16.81B | 15.35B |
| Q3 FY2009 | 31 Oct 2009 | 1.17 | 17.54B | 14.97B |
| Q2 FY2009 | 1 Aug 2009 | 1.23 | 18.01B | 14.60B |
| Q1 FY2009 | 2 May 2009 | 1.33 | 18.77B | 14.12B |
| Q4 FY2008 | 31 Jan 2009 | 1.37 | 18.75B | 13.71B |
| Q3 FY2008 | 1 Nov 2008 | 1.49 | 20.29B | 13.58B |
| Q2 FY2008 | 2 Aug 2008 | 1.46 | 19.66B | 13.46B |
| Q1 FY2008 | 3 May 2008 | 1.05 | 15.09B | 14.36B |
| Q4 FY2007 | 2 Feb 2008 | 1.12 | 17.09B | 15.31B |
| Q3 FY2007 | 3 Nov 2007 | 0.87 | 14.14B | 16.16B |
| Q2 FY2007 | 4 Aug 2007 | 0.77 | 12.31B | 15.95B |
| Q1 FY2007 | 5 May 2007 | 0.73 | 11.47B | 15.71B |
| Q4 FY2006 | 3 Feb 2007 | 0.64 | 10.04B | 15.63B |
| Q3 FY2006 | 28 Oct 2006 | 0.77 | 11.38B | 14.80B |
| Q2 FY2006 | 29 Jul 2006 | 0.74 | 10.61B | 14.37B |
| Q1 FY2006 | 29 Apr 2006 | 0.69 | 9.85B | 14.37B |
| Q4 FY2005 | 28 Jan 2006 | 0.69 | 9.87B | 14.21B |
| Q3 FY2005 | 29 Oct 2005 | 0.73 | 9.90B | 13.56B |
| Q2 FY2005 | 30 Jul 2005 | 0.66 | 8.98B | 13.52B |
| Q1 FY2005 | 30 Apr 2005 | 0.69 | 9.01B | 13.05B |
| Q4 FY2004 | 29 Jan 2005 | 0.73 | 9.54B | 13.03B |
| Q3 FY2004 | 30 Oct 2004 | 0.77 | 9.59B | 12.40B |
| Q2 FY2004 | 31 Jul 2004 | 0.78 | 9.66B | 12.37B |
| Q1 FY2004 | 1 May 2004 | 0.96 | 10.95B | 11.46B |
| Q4 FY2003 | 31 Jan 2004 | 1.00 | 11.02B | 11.07B |
| Q3 FY2003 | 1 Nov 2003 | 1.22 | 12.48B | 10.27B |
| Q2 FY2003 | 2 Aug 2003 | 1.18 | 11.86B | 10.04B |
| Q1 FY2003 | 3 May 2003 | 1.21 | 11.83B | 9.76B |
| Q4 FY2002 | 1 Feb 2003 | 1.18 | 11.16B | 9.44B |
| Q3 FY2002 | 2 Nov 2002 | 1.36 | 11.93B | 8.76B |
| Q2 FY2002 | 3 Aug 2002 | 1.33 | 11.32B | 8.52B |
| Q1 FY2002 | 4 May 2002 | 1.26 | 10.31B | 8.19B |
| Q4 FY2001 | 2 Feb 2002 | 1.14 | 8.99B | 7.86B |
| Q3 FY2001 | 3 Nov 2001 | 1.32 | 9.43B | 7.16B |
| Q2 FY2001 | 4 Aug 2001 | 1.08 | 7.58B | 7.00B |
| Q1 FY2001 | 5 May 2001 | 1.13 | 7.62B | 6.74B |
| Q4 FY2000 | 3 Feb 2001 | 1.00 | 6.49B | 6.52B |
| Q3 FY2000 | 28 Oct 2000 | 1.20 | 7.12B | 5.95B |
| Q2 FY2000 | 29 Jul 2000 | 0.99 | 5.93B | 5.97B |
| Q1 FY2000 | 29 Apr 2000 | 0.96 | 5.75B | 5.97B |
| Q4 FY1999 | 29 Jan 2000 | 0.86 | 5.02B | 5.86B |
| Q3 FY1999 | 30 Oct 1999 | 1.14 | 6.28B | 5.51B |
| Q2 FY1999 | 31 Jul 1999 | 0.98 | 5.40B | 5.49B |
| Q1 FY1999 | 1 May 1999 | 1.00 | 5.42B | 5.43B |
| Q4 FY1998 | 30 Jan 1999 | 0.88 | 4.71B | 5.34B |
| Q3 FY1998 | 31 Oct 1998 | 1.19 | 5.85B | 4.91B |
| Q2 FY1998 | 1 Aug 1998 | 1.15 | 5.48B | 4.76B |
| Q1 FY1998 | 2 May 1998 | 1.15 | 5.30B | 4.62B |
| Q4 FY1997 | 31 Jan 1998 | 1.05 | 4.70B | 4.49B |
| Q3 FY1997 | 1 Nov 1997 | 1.32 | 5.47B | 4.15B |
| Q2 FY1997 | 2 Aug 1997 | 1.36 | 5.46B | 4.02B |
| Q1 FY1997 | 3 May 1997 | 1.36 | 5.34B | 3.92B |
| Q4 FY1996 | 1 Feb 1997 | 1.31 | 5.04B | 3.84B |
| Q3 FY1996 | 2 Nov 1996 | 1.62 | 5.89B | 3.65B |
| Q2 FY1996 | 3 Aug 1996 | 1.55 | 5.53B | 3.57B |
| Q1 FY1996 | 4 May 1996 | 1.57 | 5.49B | 3.49B |
| Q4 FY1995 | 3 Feb 1996 | 1.48 | 5.14B | 3.47B |
| Q3 FY1995 | 28 Oct 1995 | 1.62 | 5.47B | 3.38B |
| Q2 FY1995 | 29 Jul 1995 | 1.52 | 5.12B | 3.37B |
| Q1 FY1995 | 29 Apr 1995 | 1.49 | 5.02B | 3.38B |
| Q4 FY1994 | 28 Jan 1995 | 1.45 | 4.70B | 3.24B |
| Q3 FY1994 | 29 Oct 1994 | 1.61 | 5.09B | 3.15B |
| Q2 FY1994 | 30 Jul 1994 | 1.47 | 4.59B | 3.12B |
| Q1 FY1994 | 30 Apr 1994 | 1.59 | 4.62B | 2.90B |
| Q4 FY1993 | 29 Jan 1994 | 1.61 | 4.65B | 2.89B |
| Q3 FY1993 | 31 Oct 1993 | 1.98 | 5.20B | 2.63B |
| Q2 FY1993 | 31 Jul 1993 | 1.86 | 4.85B | 2.60B |
| Q1 FY1993 | 30 Apr 1993 | 1.91 | 4.96B | 2.60B |
| Q4 FY1992 | 31 Jan 1993 | 1.82 | 4.72B | 2.59B |
| Q3 FY1992 | 31 Oct 1992 | 2.10 | 4.97B | 2.37B |
| Q2 FY1992 | 31 Jul 1992 | 1.92 | 4.47B | 2.33B |
| Q1 FY1992 | 30 Apr 1992 | 1.93 | 4.46B | 2.31B |
| Q4 FY1991 | 31 Jan 1992 | 2.04 | 4.68B | 2.30B |
| Q3 FY1991 | 31 Oct 1991 | 2.23 | 4.73B | 2.12B |
| Q2 FY1991 | 31 Jul 1991 | 1.94 | 4.08B | 2.11B |
| Q1 FY1991 | 30 Apr 1991 | 1.86 | 3.88B | 2.09B |
| Q4 FY1990 | 31 Jan 1991 | 1.95 | 4.04B | 2.07B |
| Q3 FY1990 | 31 Oct 1990 | 2.34 | 4.36B | 1.86B |
| Q2 FY1990 | 31 Jul 1990 | 2.19 | 3.99B | 1.83B |
| Q1 FY1990 | 30 Apr 1990 | 1.69 | 3.02B | 1.79B |
| Q4 FY1989 | 31 Jan 1990 | 1.61 | 2.82B | 1.75B |
| Q3 FY1989 | 31 Oct 1989 | 2.35 | 3.58B | 1.52B |
| Q2 FY1989 | 31 Jul 1989 | 1.47 | 2.81B | 1.92B |
| Q1 FY1989 | 30 Apr 1989 | — | — | — |
| Q4 FY1988 | 31 Jan 1989 | 1.41 | 2.63B | 1.86B |
| Q3 FY1988 | 31 Oct 1988 | — | — | — |
| Q2 FY1988 | 31 Jul 1988 | — | — | — |
| Q1 FY1988 | 30 Apr 1988 | — | — | — |
| Q4 FY1987 | 31 Jan 1988 | 1.10 | 2.19B | 1.99B |
| Q3 FY1987 | 31 Oct 1987 | — | — | — |
| Q2 FY1987 | 31 Jul 1987 | — | — | — |
| Q1 FY1987 | 30 Apr 1987 | — | — | — |
| Q4 FY1986 | 31 Jan 1987 | 0.64 | 1.39B | 2.18B |
| Q3 FY1986 | 31 Oct 1986 | — | — | — |
| Q2 FY1986 | 31 Jul 1986 | — | — | — |
| Q1 FY1986 | 30 Apr 1986 | — | — | — |
| Q4 FY1985 | 31 Jan 1986 | 0.49 | 947.50M | 1.95B |
| Q3 FY1985 | 31 Oct 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Target's debt to equity
Source: Financial Modeling PrepVerified against SEC filings