Discover Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Discover Financial Services has a total shareholder equity of $14.7B and total debt of $20.5B, which brings its debt-to-equity ratio to 139.1%. Its total assets and total liabilities are $152.7B and $138.0B respectively.
Key information
139.1%
Debt to equity ratio
US$20.48b
Debt
Interest coverage ratio | n/a |
Cash | US$27.97b |
Equity | US$14.72b |
Total liabilities | US$137.97b |
Total assets | US$152.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFS's short term assets ($145.3B) exceed its short term liabilities ($117.5B).
Long Term Liabilities: DFS's short term assets ($145.3B) exceed its long term liabilities ($20.5B).
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 233.4% to 139.1% over the past 5 years.
Debt Coverage: DFS's debt is well covered by operating cash flow (41.8%).
Interest Coverage: Insufficient data to determine if DFS's interest payments on its debt are well covered by EBIT.