Carter's Balance Sheet Health
Financial Health criteria checks 6/6
Carter's has a total shareholder equity of $829.3M and total debt of $497.9M, which brings its debt-to-equity ratio to 60%. Its total assets and total liabilities are $2.4B and $1.5B respectively. Carter's's EBIT is $307.5M making its interest coverage ratio 15.3. It has cash and short-term investments of $175.5M.
Key information
60.0%
Debt to equity ratio
US$497.93m
Debt
| Interest coverage ratio | 15.3x |
| Cash | US$175.54m |
| Equity | US$829.34m |
| Total liabilities | US$1.55b |
| Total assets | US$2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HCH's short term assets ($1.1B) exceed its short term liabilities ($484.1M).
Long Term Liabilities: HCH's short term assets ($1.1B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: HCH's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: HCH's debt to equity ratio has reduced from 94.7% to 60% over the past 5 years.
Debt Coverage: HCH's debt is well covered by operating cash flow (67.2%).
Interest Coverage: HCH's interest payments on its debt are well covered by EBIT (15.3x coverage).