DICK'S Sporting Goods Balance Sheet Health
Financial Health criteria checks 6/6
DICK'S Sporting Goods has a total shareholder equity of $2.4B and total debt of $1.5B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are $9.3B and $6.9B respectively. DICK'S Sporting Goods's EBIT is $1.3B making its interest coverage ratio 21.1. It has cash and short-term investments of $1.4B.
Key information
62.2%
Debt to equity ratio
US$1.48b
Debt
Interest coverage ratio | 21.1x |
Cash | US$1.41b |
Equity | US$2.38b |
Total liabilities | US$6.90b |
Total assets | US$9.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSG's short term assets ($4.9B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: DSG's short term assets ($4.9B) exceed its long term liabilities ($3.9B).
Debt to Equity History and Analysis
Debt Level: DSG's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: DSG had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: DSG's debt is well covered by operating cash flow (111.3%).
Interest Coverage: DSG's interest payments on its debt are well covered by EBIT (21.1x coverage).