V.F Balance Sheet Health
Financial Health criteria checks 2/6
V.F has a total shareholder equity of $3.3B and total debt of $6.4B, which brings its debt-to-equity ratio to 193.7%. Its total assets and total liabilities are $14.3B and $11.0B respectively. V.F's EBIT is $1.4B making its interest coverage ratio 9.2. It has cash and short-term investments of $571.3M.
Key information
193.7%
Debt to equity ratio
US$6.43b
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$571.35m |
| Equity | US$3.32b |
| Total liabilities | US$10.99b |
| Total assets | US$14.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VFP's short term assets ($5.2B) exceed its short term liabilities ($4.5B).
Long Term Liabilities: VFP's short term assets ($5.2B) do not cover its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: VFP's net debt to equity ratio (176.5%) is considered high.
Reducing Debt: VFP's debt to equity ratio has increased from 78.7% to 193.7% over the past 5 years.
Debt Coverage: VFP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: VFP's interest payments on its debt are well covered by EBIT (9.2x coverage).