National Vision Holdings Balance Sheet Health
Financial Health criteria checks 3/6
National Vision Holdings has a total shareholder equity of $829.4M and total debt of $445.2M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are $2.2B and $1.3B respectively. National Vision Holdings's EBIT is $35.6M making its interest coverage ratio 2.5. It has cash and short-term investments of $155.5M.
Key information
53.7%
Debt to equity ratio
US$445.18m
Debt
Interest coverage ratio | 2.5x |
Cash | US$155.50m |
Equity | US$829.42m |
Total liabilities | US$1.34b |
Total assets | US$2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7NV's short term assets ($396.7M) do not cover its short term liabilities ($397.7M).
Long Term Liabilities: 7NV's short term assets ($396.7M) do not cover its long term liabilities ($945.4M).
Debt to Equity History and Analysis
Debt Level: 7NV's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: 7NV's debt to equity ratio has reduced from 75.4% to 53.7% over the past 5 years.
Debt Coverage: 7NV's debt is well covered by operating cash flow (38.9%).
Interest Coverage: 7NV's interest payments on its debt are not well covered by EBIT (2.5x coverage).