BJ's Wholesale Club Holdings Balance Sheet Health
Financial Health criteria checks 3/6
BJ's Wholesale Club Holdings has a total shareholder equity of $1.5B and total debt of $717.4M, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $6.7B and $5.2B respectively. BJ's Wholesale Club Holdings's EBIT is $814.4M making its interest coverage ratio 12.9. It has cash and short-term investments of $36.0M.
Key information
49.2%
Debt to equity ratio
US$717.43m
Debt
Interest coverage ratio | 12.9x |
Cash | US$36.05m |
Equity | US$1.46b |
Total liabilities | US$5.22b |
Total assets | US$6.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8BJ's short term assets ($1.8B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: 8BJ's short term assets ($1.8B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: 8BJ's net debt to equity ratio (46.7%) is considered high.
Reducing Debt: 8BJ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 8BJ's debt is well covered by operating cash flow (100.2%).
Interest Coverage: 8BJ's interest payments on its debt are well covered by EBIT (12.9x coverage).