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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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