V.F Balance Sheet Health
Financial Health criteria checks 3/6
V.F has a total shareholder equity of $2.1B and total debt of $6.2B, which brings its debt-to-equity ratio to 294.3%. Its total assets and total liabilities are $12.6B and $10.5B respectively. V.F's EBIT is $767.5M making its interest coverage ratio 3.5. It has cash and short-term investments of $989.7M.
Key information
294.3%
Debt to equity ratio
US$6.21b
Debt
Interest coverage ratio | 3.5x |
Cash | US$989.74m |
Equity | US$2.11b |
Total liabilities | US$10.51b |
Total assets | US$12.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VFC's short term assets ($4.9B) exceed its short term liabilities ($4.0B).
Long Term Liabilities: VFC's short term assets ($4.9B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: VFC's net debt to equity ratio (247.4%) is considered high.
Reducing Debt: VFC's debt to equity ratio has increased from 65.4% to 294.3% over the past 5 years.
Debt Coverage: VFC's debt is well covered by operating cash flow (20.7%).
Interest Coverage: VFC's interest payments on its debt are well covered by EBIT (3.5x coverage).