Tapestry Balance Sheet Health
Financial Health criteria checks 3/6
Tapestry has a total shareholder equity of $2.8B and total debt of $7.7B, which brings its debt-to-equity ratio to 277.4%. Its total assets and total liabilities are $13.7B and $11.0B respectively. Tapestry's EBIT is $1.3B making its interest coverage ratio 74.2. It has cash and short-term investments of $7.4B.
Key information
277.4%
Debt to equity ratio
US$7.70b
Debt
| Interest coverage ratio | 74.2x |
| Cash | US$7.42b |
| Equity | US$2.78b |
| Total liabilities | US$10.95b |
| Total assets | US$13.73b |
Recent financial health updates
Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly
May 02
We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Dec 02We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Jul 19We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Apr 16Here's Why Tapestry (NYSE:TPR) Can Manage Its Debt Responsibly
Jan 12Tapestry (NYSE:TPR) Has A Pretty Healthy Balance Sheet
Oct 04Recent updates
Tapestry, Inc. (NYSE:TPR) Doing What It Can To Lift Shares
Jun 01Tapestry: A Balanced Risk-To-Reward As Capri Acquisition Is Under FTC Scrutiny
May 20Tapestry (NYSE:TPR) Seems To Use Debt Quite Sensibly
May 02Is Tapestry, Inc. (NYSE:TPR) Trading At A 32% Discount?
Apr 14Some Investors May Be Worried About Tapestry's (NYSE:TPR) Returns On Capital
Mar 29Tapestry Stock: Plenty Of Positives Beyond The Capri Acquisition
Mar 13Tapestry, Inc. (NYSE:TPR) Shares Fly 25% But Investors Aren't Buying For Growth
Feb 22We Think Tapestry's (NYSE:TPR) Profit Is Only A Baseline For What They Can Achieve
Feb 15Tapestry, Inc.'s (NYSE:TPR) Intrinsic Value Is Potentially 100% Above Its Share Price
Jan 09Tapestry: Deal Risk Despite An Attractive Valuation
Dec 29Tapestry, Inc.'s (NYSE:TPR) Business And Shares Still Trailing The Market
Dec 20We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Dec 02Tapestry: The Reasons We Are Becoming More Bullish
Nov 13Here's Why We Think Tapestry, Inc.'s (NYSE:TPR) CEO Compensation Looks Fair for the time being
Oct 27Are Investors Undervaluing Tapestry, Inc. (NYSE:TPR) By 23%?
Oct 05Tapestry: Anything But A Luxury To Investors
Sep 19Is Now The Time To Put Tapestry (NYSE:TPR) On Your Watchlist?
Sep 11At US$34.59, Is Tapestry, Inc. (NYSE:TPR) Worth Looking At Closely?
Aug 21Tapestry: Navigating Luxury Retail Landscape Well
Aug 04We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Jul 19Tapestry: Decent Price, Decent Prospects
Jul 12Tapestry: It's Not Luxury, But It Is An Attractive Investment
Jun 29Is There An Opportunity With Tapestry, Inc.'s (NYSE:TPR) 34% Undervaluation?
Jun 18Under The Bonnet, Tapestry's (NYSE:TPR) Returns Look Impressive
May 31What Does Tapestry, Inc.'s (NYSE:TPR) Share Price Indicate?
May 16We Think Tapestry (NYSE:TPR) Can Stay On Top Of Its Debt
Apr 16Tapestry, Inc.'s (NYSE:TPR) Intrinsic Value Is Potentially 57% Above Its Share Price
Mar 19Investors Met With Slowing Returns on Capital At Tapestry (NYSE:TPR)
Feb 22Tapestry declares $0.30 dividend
Feb 21Tapestry Q2 2023 Earnings Preview
Feb 08Is Tapestry, Inc. (NYSE:TPR) Potentially Undervalued?
Feb 08Be Careful With Tapestry's Rising Inventory Level Concerns
Jan 24Here's Why Tapestry (NYSE:TPR) Can Manage Its Debt Responsibly
Jan 12Are Investors Undervaluing Tapestry, Inc. (NYSE:TPR) By 42%?
Dec 16Tapestry Q1 2023 Earnings Preview
Nov 09Is Now The Time To Look At Buying Tapestry, Inc. (NYSE:TPR)?
Nov 04We Think Tapestry (NYSE:TPR) Might Have The DNA Of A Multi-Bagger
Oct 20Tapestry: Growth Slowdown Imminent
Oct 19Tapestry (NYSE:TPR) Has A Pretty Healthy Balance Sheet
Oct 04Tapestry (NYSE:TPR) Is Increasing Its Dividend To $0.30
Sep 04Financial Position Analysis
Short Term Liabilities: TPR's short term assets ($9.0B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: TPR's short term assets ($9.0B) do not cover its long term liabilities ($9.6B).
Debt to Equity History and Analysis
Debt Level: TPR's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: TPR's debt to equity ratio has increased from 45.2% to 277.4% over the past 5 years.
Debt Coverage: TPR's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: TPR's interest payments on its debt are well covered by EBIT (74.2x coverage).