DICK'S Sporting Goods Balance Sheet Health
Financial Health criteria checks 6/6
DICK'S Sporting Goods has a total shareholder equity of $2.6B and total debt of $1.5B, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are $9.3B and $6.7B respectively. DICK'S Sporting Goods's EBIT is $1.4B making its interest coverage ratio 23.6. It has cash and short-term investments of $1.8B.
Key information
56.7%
Debt to equity ratio
US$1.48b
Debt
Interest coverage ratio | 23.6x |
Cash | US$1.80b |
Equity | US$2.62b |
Total liabilities | US$6.69b |
Total assets | US$9.31b |
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 ($2.8B).
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 has more cash than its total debt.
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 (103%).
Interest Coverage: DSG's interest payments on its debt are well covered by EBIT (23.6x coverage).