Academy Sports and Outdoors Balance Sheet Health
Financial Health criteria checks 5/6
Academy Sports and Outdoors has a total shareholder equity of $2.0B and total debt of $487.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $4.7B and $2.7B respectively. Academy Sports and Outdoors's EBIT is $677.9M making its interest coverage ratio 14.7. It has cash and short-term investments of $347.9M.
Key information
24.9%
Debt to equity ratio
US$487.55m
Debt
Interest coverage ratio | 14.7x |
Cash | US$347.92m |
Equity | US$1.95b |
Total liabilities | US$2.72b |
Total assets | US$4.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2SO34's short term assets ($1.6B) exceed its short term liabilities ($879.9M).
Long Term Liabilities: A2SO34's short term assets ($1.6B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: A2SO34's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: A2SO34's debt to equity ratio has reduced from 189.9% to 24.9% over the past 5 years.
Debt Coverage: A2SO34's debt is well covered by operating cash flow (109.9%).
Interest Coverage: A2SO34's interest payments on its debt are well covered by EBIT (14.7x coverage).