JD Sports Fashion Balance Sheet Health
Financial Health criteria checks 4/6
JD Sports Fashion has a total shareholder equity of £2.8B and total debt of £905.6M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are £9.4B and £6.5B respectively. JD Sports Fashion's EBIT is £973.8M making its interest coverage ratio 4.7. It has cash and short-term investments of £946.3M.
Key information
31.9%
Debt to equity ratio
UK£905.60m
Debt
| Interest coverage ratio | 4.7x |
| Cash | UK£946.30m |
| Equity | UK£2.84b |
| Total liabilities | UK£6.51b |
| Total assets | UK£9.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9JD's short term assets (£3.3B) exceed its short term liabilities (£2.3B).
Long Term Liabilities: 9JD's short term assets (£3.3B) do not cover its long term liabilities (£4.2B).
Debt to Equity History and Analysis
Debt Level: 9JD has more cash than its total debt.
Reducing Debt: 9JD's debt to equity ratio has increased from 18.6% to 31.9% over the past 5 years.
Debt Coverage: 9JD's debt is well covered by operating cash flow (128.4%).
Interest Coverage: 9JD's interest payments on its debt are well covered by EBIT (4.7x coverage).