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 $486.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $4.9B and $2.9B respectively. Academy Sports and Outdoors's EBIT is $633.2M making its interest coverage ratio 14.9. It has cash and short-term investments of $324.6M.
Key information
24.9%
Debt to equity ratio
US$486.62m
Debt
| Interest coverage ratio | 14.9x |
| Cash | US$324.57m |
| Equity | US$1.95b |
| Total liabilities | US$2.92b |
| Total assets | US$4.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: A2SO34's short term assets ($1.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: A2SO34's short term assets ($1.8B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: A2SO34's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: A2SO34's debt to equity ratio has reduced from 233.8% to 24.9% over the past 5 years.
Debt Coverage: A2SO34's debt is well covered by operating cash flow (119.9%).
Interest Coverage: A2SO34's interest payments on its debt are well covered by EBIT (14.9x coverage).