Under Armour Balance Sheet Health
Financial Health criteria checks 6/6
Under Armour has a total shareholder equity of $2.2B and total debt of $676.0M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are $5.0B and $2.9B respectively. Under Armour's EBIT is $273.5M making its interest coverage ratio 70.8. It has cash and short-term investments of $1.0B.
Key information
31.1%
Debt to equity ratio
US$676.04m
Debt
Interest coverage ratio | 70.8x |
Cash | US$1.04b |
Equity | US$2.17b |
Total liabilities | US$2.87b |
Total assets | US$5.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UAC's short term assets ($3.1B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: UAC's short term assets ($3.1B) exceed its long term liabilities ($1.4B).
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 reduced from 36.1% to 31.1% over the past 5 years.
Debt Coverage: UAC's debt is well covered by operating cash flow (60.5%).
Interest Coverage: UAC's interest payments on its debt are well covered by EBIT (70.8x coverage).