How much debt does Walmart have?

Walmart had total debt of $41.22B as of Jan 31, 2026, against $10.73B in cash and short-term investments. Its debt-to-equity ratio was 0.39. Total debt was $39.07B a year earlier.

What are Walmart's total assets?

Walmart reported total assets of $284.67B as of Jan 31, 2026, up 9.1% from $260.82B a year earlier. Total liabilities were $178.49B.

What is Walmart's shareholders' equity?

Walmart's shareholders' equity was $106.18B as of Jan 31, 2026, or about $13.32 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

Walmart (WMT) Balance Sheet: Assets & Liabilities

Walmart Balance Sheet Analysis

Values in billions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Walmart Inc. (WMT) - Annual data in billions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017
Current Assets
Cash and Cash Equivalents	10.73	9.04	9.87	8.63	14.76	17.74	9.47	7.72	6.76	6.87
Cash & Short-Term Investments	10.73	9.04	9.87	8.63	14.76	17.74	9.47	7.72	6.76	6.87
Accounts Receivable	11.17	9.98	8.80	7.93	8.28	6.52	6.28	6.28	5.61	5.84
Inventory	58.85	56.44	54.89	56.58	56.51	44.95	44.44	44.27	43.78	43.05
Other Current Assets	4.12	4.01	3.32	2.52	1.52	20.86	1.62	3.62	3.51	1.94
Total Current Assets	84.87	79.46	76.88	75.66	81.07	90.07	61.81	61.90	59.66	57.69
Non-Current Assets
Property, Plant & Equipment (Net)	156.96	139.70	130.34	119.23	112.62	109.85	127.05	111.40	114.82	114.18
Long-Term Investments	0.00	4.24	8.45	11.17	0.00	0.00	0.00	0.00	0.00	0.00
Goodwill	28.74	28.79	28.11	28.17	29.01	28.98	31.07	31.18	18.24	17.04
Intangible Assets	4.30	4.50	4.10	4.30	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	14.10	12.87	17.07	20.13	22.15	23.60	16.57	14.82	11.80	9.92
Total Non-Current Assets	199.79	181.37	175.52	167.54	163.79	162.43	174.69	157.40	144.86	141.14
Total Assets	284.67	260.82	252.40	243.20	244.86	252.50	236.50	219.30	204.52	198.83
Current Liabilities
Accounts Payable	63.06	58.67	56.81	53.74	55.26	49.14	46.97	47.06	46.09	41.43
Short-Term Debt	6.60	5.67	0.88	4.56	5.21	5.30	8.24	7.83	9.66	3.92
Current Portion of Long-Term Debt	3.54	2.60	3.45	4.19	2.80	-	-	-	-	-
Accrued Liabilities	31.78	23.09	29.07	25.21	26.91	-	-	-	-	-
Deferred Revenue	2.94	2.76	2.66	2.49	2.56	2.31	1.99	1.93	2.02	1.86
Other Current Liabilities	28.25	26.59	26.10	2.95	23.50	35.66	20.31	20.23	20.11	18.80
Total Current Liabilities	107.47	96.58	92.42	92.20	87.38	92.65	77.79	77.48	78.52	66.93
Non-Current Liabilities
Long-Term Debt	34.62	33.40	36.13	34.65	52.12	57.95	64.19	50.20	36.83	42.02
Deferred Tax Liabilities	16.55	7.02	7.25	14.69	13.47	14.37	12.96	11.98	8.35	9.34
Other Non-Current Liabilities	16.55	14.40	14.63	14.69	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	71.02	66.55	69.41	67.01	65.59	72.32	77.15	62.18	45.18	51.36
Total Liabilities	178.49	163.13	161.83	159.21	152.97	164.97	154.94	139.66	123.70	118.29
Stockholders' Equity
Common Stock	0.80	0.80	0.81	0.81	0.28	0.28	0.28	0.29	0.30	0.31
Retained Earnings	104.77	98.31	89.81	83.14	86.90	88.76	83.94	80.79	85.11	89.35
Accumulated Other Comprehensive Income	-12.77	-13.61	-11.30	-11.68	-8.77	-11.77	-12.81	-11.54	-10.18	-14.23
Additional Paid-in Capital	6.82	5.50	4.54	4.43	4.84	3.65	3.25	2.97	2.65	2.37
Minority Interest	6.56	6.68	6.71	7.30	8.64	6.61	6.88	7.14	2.95	2.74
Shares Outstanding	7.97	8.02	8.05	8.10	8.28	-	-	-	-	-
Total Stockholders' Equity	106.18	91.01	90.57	76.69	83.25	80.93	74.67	72.50	77.87	77.80
Total Liabilities & Equity	284.67	260.82	252.40	243.20	244.86	252.50	236.50	219.30	204.52	198.83

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Walmart Balance Sheet Analysis

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