JD Sports Fashion Balance Sheet Health
Financial Health criteria checks 4/6
JD Sports Fashion has a total shareholder equity of £2.8B and total debt of £905.6M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are £9.4B and £6.5B respectively. JD Sports Fashion's EBIT is £973.8M making its interest coverage ratio 4.7. It has cash and short-term investments of £946.3M.
Key information
31.9%
Debt to equity ratio
UK£905.60m
Debt
| Interest coverage ratio | 4.7x |
| Cash | UK£946.30m |
| Equity | UK£2.84b |
| Total liabilities | UK£6.51b |
| Total assets | UK£9.35b |
Recent financial health updates
Is JD Sports Fashion (LON:JD.) Using Too Much Debt?
Jan 05
Here's Why JD Sports Fashion (LON:JD.) Can Manage Its Debt Responsibly
Oct 03We Think JD Sports Fashion (LON:JD.) Can Stay On Top Of Its Debt
Jun 21Here's Why JD Sports Fashion (LON:JD.) Can Manage Its Debt Responsibly
Jan 17JD Sports Fashion (LON:JD.) Has A Pretty Healthy Balance Sheet
Oct 13Does JD Sports Fashion (LON:JD.) Have A Healthy Balance Sheet?
Jul 11Recent updates
JD Sports Fashion Plc's (LON:JD.) 26% Jump Shows Its Popularity With Investors
Sep 18JD Sports Fashion Plc's (LON:JD.) Intrinsic Value Is Potentially 66% Above Its Share Price
Sep 02At UK£1.25, Is It Time To Put JD Sports Fashion Plc (LON:JD.) On Your Watch List?
Aug 12JD Sports Fashion Plc (LON:JD.) Doing What It Can To Lift Shares
Jul 04JD Sports Fashion (LON:JD.) Will Be Hoping To Turn Its Returns On Capital Around
Apr 10Should You Investigate JD Sports Fashion Plc (LON:JD.) At UK£1.06?
Feb 13Is JD Sports Fashion (LON:JD.) Using Too Much Debt?
Jan 05Investors Appear Satisfied With JD Sports Fashion Plc's (LON:JD.) Prospects As Shares Rocket 25%
Dec 21JD Sports Fashion (LON:JD.) May Have Issues Allocating Its Capital
Dec 05What Does JD Sports Fashion Plc's (LON:JD.) Share Price Indicate?
Nov 05Are Investors Undervaluing JD Sports Fashion Plc (LON:JD.) By 38%?
Oct 18Here's Why JD Sports Fashion (LON:JD.) Can Manage Its Debt Responsibly
Oct 03JD Sports Fashion (LON:JD.) Could Be Struggling To Allocate Capital
Aug 20JD Sports Fashion Plc's (LON:JD.) Intrinsic Value Is Potentially 70% Above Its Share Price
Jul 05We Think JD Sports Fashion (LON:JD.) Can Stay On Top Of Its Debt
Jun 21Is Now The Time To Look At Buying JD Sports Fashion Plc (LON:JD.)?
Jun 03JD Sports Fashion (LON:JD.) Might Be Having Difficulty Using Its Capital Effectively
Apr 21An Intrinsic Calculation For JD Sports Fashion plc (LON:JD.) Suggests It's 42% Undervalued
Feb 21Is JD Sports Fashion plc (LON:JD.) Potentially Undervalued?
Feb 03Here's Why JD Sports Fashion (LON:JD.) Can Manage Its Debt Responsibly
Jan 17JD Sports Fashion's (LON:JD.) Returns On Capital Not Reflecting Well On The Business
Jan 02Is It Too Late To Consider Buying JD Sports Fashion plc (LON:JD.)?
Oct 31JD Sports Fashion (LON:JD.) Has A Pretty Healthy Balance Sheet
Oct 13Investors Could Be Concerned With JD Sports Fashion's (LON:JD.) Returns On Capital
Sep 25Does JD Sports Fashion (LON:JD.) Deserve A Spot On Your Watchlist?
Jul 26Does JD Sports Fashion (LON:JD.) Have A Healthy Balance Sheet?
Jul 11Is It Too Late To Consider Buying JD Sports Fashion plc (LON:JD.)?
Jun 23Financial Position Analysis
Short Term Liabilities: JD.'s short term assets (£3.3B) exceed its short term liabilities (£2.3B).
Long Term Liabilities: JD.'s short term assets (£3.3B) do not cover its long term liabilities (£4.2B).
Debt to Equity History and Analysis
Debt Level: JD. has more cash than its total debt.
Reducing Debt: JD.'s debt to equity ratio has increased from 18.6% to 31.9% over the past 5 years.
Debt Coverage: JD.'s debt is well covered by operating cash flow (128.4%).
Interest Coverage: JD.'s interest payments on its debt are well covered by EBIT (4.7x coverage).