Carter's Balance Sheet Health
Financial Health criteria checks 4/6
Carter's has a total shareholder equity of $797.9M and total debt of $576.8M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are $2.3B and $1.5B respectively. Carter's's EBIT is $346.4M making its interest coverage ratio 9.7. It has cash and short-term investments of $157.7M.
Key information
72.3%
Debt to equity ratio
US$576.80m
Debt
Interest coverage ratio | 9.7x |
Cash | US$157.69m |
Equity | US$797.89m |
Total liabilities | US$1.49b |
Total assets | US$2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRI *'s short term assets ($1.0B) exceed its short term liabilities ($410.6M).
Long Term Liabilities: CRI *'s short term assets ($1.0B) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: CRI *'s net debt to equity ratio (52.5%) is considered high.
Reducing Debt: CRI *'s debt to equity ratio has reduced from 72.4% to 72.3% over the past 5 years.
Debt Coverage: CRI *'s debt is well covered by operating cash flow (51%).
Interest Coverage: CRI *'s interest payments on its debt are well covered by EBIT (9.7x coverage).