Karooooo annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
2026
Karooooo Debt-to-Equity Ratio Growth & History (KARO)
Karooooo's debt-to-equity ratio was 0.35 for fiscal 2026.
View full Karooooo company overviewKarooooo annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-02-28 | 0.35 | 0.19 | +114.86% |
| 2025 | 2025-02-28 | 0.16 | 0.08 | +98.15% |
| 2024 | 2024-02-29 | 0.08 | 0.04 | +80.44% |
| 2023 | 2023-02-28 | 0.05 | −0.01 | −22.39% |
| 2022 | 2022-02-28 | 0.06 | −0.09 | −60.78% |
| 2021 | 2021-02-28 | 0.15 | 0.04 | +32.27% |
| 2020 | 2020-02-29 | 0.11 | — | — |
Karooooo quarterly debt-to-equity ratio
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q1.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2027 | 2026-05-31 | 0.30 | 0.14 | +86.20% |
| Q4 2026 | 2026-02-28 | 0.35 | 0.19 | +114.86% |
| Q3 2026 | 2025-11-30 | 0.20 | — | — |
| Q2 2026 | 2025-08-31 | 0.22 | — | — |
| Q1 2026 | 2025-05-31 | 0.16 | 0.09 | +116.05% |
| Q4 2025 | 2025-02-28 | 0.16 | 0.08 | +98.15% |
| Q1 2025 | 2024-05-31 | 0.07 | — | — |
| Q4 2024 | 2024-02-29 | 0.08 | 0.04 | +80.44% |
| Q4 2023 | 2023-02-28 | 0.05 | −0.01 | −22.39% |
| Q4 2022 | 2022-02-28 | 0.06 | −0.09 | −60.78% |
| Q4 2021 | 2021-02-28 | 0.15 | 0.04 | +32.27% |
| Q4 2020 | 2020-02-29 | 0.11 | — | — |
Karooooo debt-to-equity ratio trends
Over the last five fiscal years, Karooooo's debt-to-equity ratio increased from 0.15 to 0.35, a change of 0.20. The latest reported quarter, Q1 2027, shows 0.30.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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