Gap Balance Sheet Health
Financial Health criteria checks 4/6
Gap has a total shareholder equity of $2.9B and total debt of $1.5B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are $11.5B and $8.6B respectively. Gap's EBIT is $961.0M making its interest coverage ratio -96.1. It has cash and short-term investments of $2.1B.
Key information
51.3%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | -96.1x |
| Cash | US$2.15b |
| Equity | US$2.90b |
| Total liabilities | US$8.61b |
| Total assets | US$11.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAP's short term assets ($4.8B) exceed its short term liabilities ($3.2B).
Long Term Liabilities: GAP's short term assets ($4.8B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: GAP has more cash than its total debt.
Reducing Debt: GAP's debt to equity ratio has increased from 34.5% to 51.3% over the past 5 years.
Debt Coverage: GAP's debt is well covered by operating cash flow (106.3%).
Interest Coverage: GAP earns more interest than it pays, so coverage of interest payments is not a concern.