Designer Brands Balance Sheet Health
Financial Health criteria checks 1/6
Designer Brands has a total shareholder equity of $359.1M and total debt of $465.7M, which brings its debt-to-equity ratio to 129.7%. Its total assets and total liabilities are $2.1B and $1.7B respectively. Designer Brands's EBIT is $22.9M making its interest coverage ratio 0.6. It has cash and short-term investments of $38.8M.
Key information
129.7%
Debt to equity ratio
US$465.72m
Debt
Interest coverage ratio | 0.6x |
Cash | US$38.83m |
Equity | US$359.06m |
Total liabilities | US$1.75b |
Total assets | US$2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D9W's short term assets ($798.0M) exceed its short term liabilities ($619.0M).
Long Term Liabilities: D9W's short term assets ($798.0M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: D9W's net debt to equity ratio (118.9%) is considered high.
Reducing Debt: D9W's debt to equity ratio has increased from 32.2% to 129.7% over the past 5 years.
Debt Coverage: D9W's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: D9W's interest payments on its debt are not well covered by EBIT (0.6x coverage).