Under Armour Balance Sheet Health
Financial Health criteria checks 5/6
Under Armour has a total shareholder equity of $1.8B and total debt of $595.4M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are $4.9B and $3.0B respectively. Under Armour's EBIT is $221.5M making its interest coverage ratio -52.3. It has cash and short-term investments of $884.6M.
Key information
32.8%
Debt to equity ratio
US$595.38m
Debt
| Interest coverage ratio | -52.3x |
| Cash | US$884.55m |
| Equity | US$1.82b |
| Total liabilities | US$3.04b |
| Total assets | US$4.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UAC's short term assets ($3.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: UAC's short term assets ($3.0B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: UAC has more cash than its total debt.
Reducing Debt: UAC's debt to equity ratio has increased from 28.9% to 32.8% over the past 5 years.
Debt Coverage: UAC's debt is well covered by operating cash flow (86.2%).
Interest Coverage: UAC earns more interest than it pays, so coverage of interest payments is not a concern.