Under Armour Balance Sheet Health
Financial Health criteria checks 5/6
Under Armour has a total shareholder equity of $2.2B and total debt of $675.8M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are $4.8B and $2.6B respectively. Under Armour's EBIT is $236.0M making its interest coverage ratio -880.4. It has cash and short-term investments of $858.7M.
Key information
31.4%
Debt to equity ratio
US$675.79m
Debt
Interest coverage ratio | -880.4x |
Cash | US$858.69m |
Equity | US$2.15b |
Total liabilities | US$2.61b |
Total assets | US$4.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UAA *'s short term assets ($2.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: UAA *'s short term assets ($2.9B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: UAA * has more cash than its total debt.
Reducing Debt: UAA *'s debt to equity ratio has increased from 28.8% to 31.4% over the past 5 years.
Debt Coverage: UAA *'s debt is well covered by operating cash flow (52.4%).
Interest Coverage: UAA * earns more interest than it pays, so coverage of interest payments is not a concern.