Designer Brands Balance Sheet Health
Financial Health criteria checks 2/6
Designer Brands has a total shareholder equity of $362.5M and total debt of $427.1M, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are $2.1B and $1.7B respectively. Designer Brands's EBIT is $67.8M making its interest coverage ratio 2.1. It has cash and short-term investments of $49.2M.
Key information
117.8%
Debt to equity ratio
US$427.09m
Debt
Interest coverage ratio | 2.1x |
Cash | US$49.17m |
Equity | US$362.51m |
Total liabilities | US$1.71b |
Total assets | US$2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D9W's short term assets ($777.4M) exceed its short term liabilities ($622.3M).
Long Term Liabilities: D9W's short term assets ($777.4M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: D9W's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: D9W's debt to equity ratio has increased from 20.8% to 117.8% over the past 5 years.
Debt Coverage: D9W's debt is well covered by operating cash flow (38%).
Interest Coverage: D9W's interest payments on its debt are not well covered by EBIT (2.1x coverage).