Wolverine World Wide Balance Sheet Health
Financial Health criteria checks 2/6
Wolverine World Wide has a total shareholder equity of $260.1M and total debt of $856.9M, which brings its debt-to-equity ratio to 329.5%. Its total assets and total liabilities are $1.9B and $1.6B respectively. Wolverine World Wide's EBIT is $4.7M making its interest coverage ratio 0.1. It has cash and short-term investments of $169.7M.
Key information
329.5%
Debt to equity ratio
US$856.90m
Debt
| Interest coverage ratio | 0.08x |
| Cash | US$169.70m |
| Equity | US$260.10m |
| Total liabilities | US$1.59b |
| Total assets | US$1.85b |
Recent financial health updates
These 4 Measures Indicate That Wolverine World Wide (NYSE:WWW) Is Using Debt In A Risky Way
Feb 15
Does Wolverine World Wide (NYSE:WWW) Have A Healthy Balance Sheet?
Jul 18Recent updates
Wolverine World Wide (NYSE:WWW) Has Announced A Dividend Of $0.10
May 30What Wolverine World Wide, Inc.'s (NYSE:WWW) 54% Share Price Gain Is Not Telling You
May 14Wolverine World Wide, Inc. (NYSE:WWW) Analysts Are Pretty Bullish On The Stock After Recent Results
May 11Wolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10
May 10Is There An Opportunity With Wolverine World Wide, Inc.'s (NYSE:WWW) 36% Undervaluation?
May 09Wolverine World Wide (NYSE:WWW) Will Be Looking To Turn Around Its Returns
Apr 20Wolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10
Mar 21Wolverine World Wide: I Would Not Like To Stand In Its Shoes
Mar 21Wolverine World Wide, Inc. Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Feb 24Wolverine World Wide's (NYSE:WWW) Dividend Will Be $0.10
Feb 21These 4 Measures Indicate That Wolverine World Wide (NYSE:WWW) Is Using Debt In A Risky Way
Feb 15Wolverine World Wide: Critical Improvements Highlighted In ICR Conference
Jan 09Revenues Working Against Wolverine World Wide, Inc.'s (NYSE:WWW) Share Price
Jan 06Wolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10
Dec 21Wolverine World Wide (NYSE:WWW) Is Due To Pay A Dividend Of $0.10
Nov 30Wolverine World Wide (NYSE:WWW) Has Affirmed Its Dividend Of $0.10
Nov 10Wolverine World Wide: A Case For Cautious Optimism
Oct 25Return Trends At Wolverine World Wide (NYSE:WWW) Aren't Appealing
Oct 21Wolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10
Sep 12Wolverine World Wide (NYSE:WWW) Has Announced A Dividend Of $0.10
Aug 28Wolverine World Wide (NYSE:WWW) Is Paying Out A Dividend Of $0.10
Aug 12Wolverine World Wide: Failing To Navigate A Highly Competitive Industry
Aug 09Does Wolverine World Wide (NYSE:WWW) Have A Healthy Balance Sheet?
Jul 18Wolverine World Wide (NYSE:WWW) Has Announced A Dividend Of $0.10
Jun 26Wolverine World Wide (NYSE:WWW) Has Announced A Dividend Of $0.10
Jun 10Returns At Wolverine World Wide (NYSE:WWW) Appear To Be Weighed Down
Jun 06Wolverine World Wide (NYSE:WWW) Is Due To Pay A Dividend Of $0.10
May 10Is There An Opportunity With Wolverine World Wide, Inc.'s (NYSE:WWW) 48% Undervaluation?
Apr 01Wolverine World Wide (NYSE:WWW) Has Announced A Dividend Of $0.10
Feb 23Wolverine World Wide Non-GAAP EPS of -$0.15 in-line, revenue of $665M in-line
Feb 22Wolverine World Wide simplifies portfolio with sale of Keds brand
Feb 08Wolverine World Wide (NYSE:WWW) Hasn't Managed To Accelerate Its Returns
Jan 26What Is Wolverine World Wide, Inc.'s (NYSE:WWW) Share Price Doing?
Jan 04Financial Position Analysis
Short Term Liabilities: WWW's short term assets ($825.9M) exceed its short term liabilities ($730.3M).
Long Term Liabilities: WWW's short term assets ($825.9M) do not cover its long term liabilities ($862.6M).
Debt to Equity History and Analysis
Debt Level: WWW's net debt to equity ratio (264.2%) is considered high.
Reducing Debt: WWW's debt to equity ratio has increased from 84.1% to 329.5% over the past 5 years.
Debt Coverage: WWW's debt is well covered by operating cash flow (21.3%).
Interest Coverage: WWW's interest payments on its debt are not well covered by EBIT (0.1x coverage).