Abercrombie & Fitch Balance Sheet Health
Financial Health criteria checks 4/6
Abercrombie & Fitch has a total shareholder equity of $672.9M and total debt of $304.2M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $2.7B and $2.1B respectively. Abercrombie & Fitch's EBIT is $146.2M making its interest coverage ratio 5.1. It has cash and short-term investments of $370.0M.
Key information
45.2%
Debt to equity ratio
US$304.22m
Debt
Interest coverage ratio | 5.1x |
Cash | US$369.96m |
Equity | US$672.93m |
Total liabilities | US$2.06b |
Total assets | US$2.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AFT's short term assets ($1.3B) exceed its short term liabilities ($959.3M).
Long Term Liabilities: AFT's short term assets ($1.3B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: AFT has more cash than its total debt.
Reducing Debt: AFT's debt to equity ratio has increased from 26.8% to 45.2% over the past 5 years.
Debt Coverage: AFT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AFT's interest payments on its debt are well covered by EBIT (5.1x coverage).