Foot Locker Balance Sheet Health
Financial Health criteria checks 4/6
Foot Locker has a total shareholder equity of $2.9B and total debt of $440.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $7.0B and $4.1B respectively. Foot Locker's EBIT is $137.0M making its interest coverage ratio 17.1. It has cash and short-term investments of $291.0M.
Key information
15.2%
Debt to equity ratio
US$440.00m
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$291.00m |
| Equity | US$2.90b |
| Total liabilities | US$4.06b |
| Total assets | US$6.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WOO's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: WOO's short term assets ($2.3B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: WOO's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: WOO's debt to equity ratio has increased from 4.9% to 15.2% over the past 5 years.
Debt Coverage: WOO's debt is well covered by operating cash flow (91.1%).
Interest Coverage: WOO's interest payments on its debt are well covered by EBIT (17.1x coverage).