Carter's Balance Sheet Health
Financial Health criteria checks 5/6
Carter's has a total shareholder equity of $841.4M and total debt of $497.5M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are $2.3B and $1.4B respectively. Carter's's EBIT is $324.0M making its interest coverage ratio 12.9. It has cash and short-term investments of $267.6M.
Key information
59.1%
Debt to equity ratio
US$497.54m
Debt
Interest coverage ratio | 12.9x |
Cash | US$267.58m |
Equity | US$841.35m |
Total liabilities | US$1.44b |
Total assets | US$2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRIN34's short term assets ($1.0B) exceed its short term liabilities ($419.0M).
Long Term Liabilities: CRIN34's short term assets ($1.0B) do not cover its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: CRIN34's net debt to equity ratio (27.3%) is considered satisfactory.
Reducing Debt: CRIN34's debt to equity ratio has reduced from 73.6% to 59.1% over the past 5 years.
Debt Coverage: CRIN34's debt is well covered by operating cash flow (92.7%).
Interest Coverage: CRIN34's interest payments on its debt are well covered by EBIT (12.9x coverage).