Discover Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Discover Financial Services has a total shareholder equity of $14.8B and total debt of $21.3B, which brings its debt-to-equity ratio to 143.9%. Its total assets and total liabilities are $151.5B and $136.7B respectively.
Key information
143.9%
Debt to equity ratio
US$21.33b
Debt
Interest coverage ratio | n/a |
Cash | US$25.38b |
Equity | US$14.83b |
Total liabilities | US$136.69b |
Total assets | US$151.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DC7's short term assets ($144.5B) exceed its short term liabilities ($115.4B).
Long Term Liabilities: DC7's short term assets ($144.5B) exceed its long term liabilities ($21.3B).
Debt to Equity History and Analysis
Debt Level: DC7 has more cash than its total debt.
Reducing Debt: DC7's debt to equity ratio has reduced from 244.7% to 143.9% over the past 5 years.
Debt Coverage: DC7's debt is well covered by operating cash flow (36.9%).
Interest Coverage: Insufficient data to determine if DC7's interest payments on its debt are well covered by EBIT.