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Compare the debt-to-equity ratios of Walmart Inc. and Target Corporation using the financial data as of December 31, 2023: Company Walmart Inc. Target Corporation Total

Compare the debt-to-equity ratios of Walmart Inc. and Target Corporation using the financial data as of December 31, 2023:

Company

Walmart Inc.

Target Corporation

Total Liabilities

$150 billion

$100 billion

Shareholders' Equity

$100 billion

$70 billion

Debt-to-Equity Ratio



Question:

Which company has a higher debt-to-equity ratio as of December 31, 2023? Calculate the debt-to-equity ratio for each company and compare.

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