Karooooo (KARO) Debt Ratio (2020 - 2026)

Karooooo (KARO) posted quarterly Debt Ratio of 0.06 for Q2 2026, up 20.91% year-on-year from 0.05 in Q2 2025, and down 20.64% on a QoQ basis from 0.08 in Q1 2026.

Karooooo (KARO) Debt Ratio (2020 - 2026) Analysis & Trends

Karooooo (KARO) has reported Debt Ratio for 7 consecutive years, with 0.06 the latest figure, recorded in Q2 2026.

  • Quarterly Debt Ratio rose 20.91% year-over-year to 0.06 in Q2 2026, while the trailing twelve-month figure through May 2026 was 0.06 (up 20.91% YoY) and the FY2026 annual result came in at 0.08, up 24.87% from the prior year.
  • Debt Ratio fell to 0.06 in Q2 2026 per KARO's latest filing, from 0.08 in the prior quarter.
  • Over the last five years, Debt Ratio for KARO reached as high as 0.08 in Q1 2026 and fell as low as 0.01 in Q2 2024.
  • A 5-year average of 0.03 and a median of 0.03 in 2022 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2022 — Debt Ratio tumbled 70.32% — and 2024, when it surged 461.33%.
  • Year by year, Debt Ratio stood at 0.01 in 2022, then dropped by 9.11% to 0.01 in 2023, then jumped by 461.33% to 0.06 in 2024, then dropped by 15.84% to 0.05 in 2025, then grew by 23.26% to 0.06 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.06, 0.08, and 0.05 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 0.08
2 Full Truck Alliance 188.77 Bn 186.13 Bn - 0.00
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 0.18
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 0.37
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 0.24
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 0.06
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 0.24
10 Karooooo 1.89 Bn 1.80 Bn 51.65 Mn -

Historic Data

Download Data
DateValue
May 31, 2026 0.06
Feb 28, 2026 0.08
Nov 30, 2025 0.05
Aug 31, 2025 0.05
May 31, 2025 0.05
Feb 28, 2025 0.06
Nov 30, 2024 0.06
Aug 31, 2024 0.06
May 31, 2024 0.01
Feb 29, 2024 0.01
Nov 30, 2023 0.01
Aug 31, 2023 0.01
May 31, 2023 0.01
Feb 28, 2023 0.01
Nov 30, 2022 0.01
Aug 31, 2022 0.01
Feb 28, 2022 0.03
Nov 30, 2021 0.04
Aug 31, 2021 0.03
May 6, 2021 0.00