Bath & Body Works Balance Sheet Health
Financial Health criteria checks 2/6
Bath & Body Works has a total shareholder equity of $-1.6B and total debt of $4.4B, which brings its debt-to-equity ratio to -269.9%. Its total assets and total liabilities are $5.5B and $7.1B respectively. Bath & Body Works's EBIT is $1.3B making its interest coverage ratio 4.4. It has cash and short-term investments of $1.1B.
Key information
-269.9%
Debt to equity ratio
US$4.39b
Debt
Interest coverage ratio | 4.4x |
Cash | US$1.08b |
Equity | -US$1.63b |
Total liabilities | US$7.09b |
Total assets | US$5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B1BW34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: B1BW34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: B1BW34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: B1BW34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: B1BW34's debt is well covered by operating cash flow (21.7%).
Interest Coverage: B1BW34's interest payments on its debt are well covered by EBIT (4.4x coverage).