Discover Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Discover Financial Services has a total shareholder equity of $17.3B and total debt of $18.2B, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are $151.6B and $134.3B respectively.
Key information
105.3%
Debt to equity ratio
US$18.18b
Debt
| Interest coverage ratio | n/a |
| Cash | US$26.42b |
| Equity | US$17.26b |
| Total liabilities | US$134.33b |
| Total assets | US$151.59b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFS's short term assets ($144.9B) exceed its short term liabilities ($116.2B).
Long Term Liabilities: DFS's short term assets ($144.9B) exceed its long term liabilities ($18.2B).
Debt to Equity History and Analysis
Debt Level: DFS has more cash than its total debt.
Reducing Debt: DFS's debt to equity ratio has reduced from 208.7% to 105.3% over the past 5 years.
Debt Coverage: DFS's debt is well covered by operating cash flow (53.3%).
Interest Coverage: Insufficient data to determine if DFS's interest payments on its debt are well covered by EBIT.