Foot Locker Balance Sheet Health
Financial Health criteria checks 5/6
Foot Locker has a total shareholder equity of $2.9B and total debt of $395.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $6.9B and $4.0B respectively. Foot Locker's EBIT is $187.0M making its interest coverage ratio 20.8. It has cash and short-term investments of $297.0M.
Key information
13.7%
Debt to equity ratio
US$395.00m
Debt
Interest coverage ratio | 20.8x |
Cash | US$297.00m |
Equity | US$2.89b |
Total liabilities | US$3.98b |
Total assets | US$6.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WOO's short term assets ($2.2B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: WOO's short term assets ($2.2B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: WOO's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: WOO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WOO's debt is well covered by operating cash flow (23%).
Interest Coverage: WOO's interest payments on its debt are well covered by EBIT (20.8x coverage).