Skechers U.S.A Balance Sheet Health
Financial Health criteria checks 4/6
Skechers U.S.A has a total shareholder equity of $4.6B and total debt of $346.3M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $7.6B and $3.0B respectively.
Key information
7.6%
Debt to equity ratio
US$346.29m
Debt
Interest coverage ratio | n/a |
Cash | US$1.11b |
Equity | US$4.55b |
Total liabilities | US$3.01b |
Total assets | US$7.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SKAA's short term assets ($3.9B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: SKAA's short term assets ($3.9B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: SKAA has more cash than its total debt.
Reducing Debt: SKAA's debt to equity ratio has increased from 4.9% to 7.6% over the past 5 years.
Debt Coverage: SKAA's debt is well covered by operating cash flow (355.5%).
Interest Coverage: Insufficient data to determine if SKAA's interest payments on its debt are well covered by EBIT.