Discover Financial Services Balance Sheet Health
Financial Health criteria checks 4/6
Discover Financial Services has a total shareholder equity of $14.3B and total debt of $18.2B, which brings its debt-to-equity ratio to 126.9%. Its total assets and total liabilities are $133.1B and $118.7B respectively.
Key information
126.9%
Debt to equity ratio
US$18.16b
Debt
Interest coverage ratio | n/a |
Cash | US$10.14b |
Equity | US$14.32b |
Total liabilities | US$118.75b |
Total assets | US$133.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DFS *'s short term assets ($116.4B) exceed its short term liabilities ($102.3B).
Long Term Liabilities: DFS *'s short term assets ($116.4B) exceed its long term liabilities ($16.4B).
Debt to Equity History and Analysis
Debt Level: DFS *'s net debt to equity ratio (56%) is considered high.
Reducing Debt: DFS *'s debt to equity ratio has reduced from 241.4% to 126.9% over the past 5 years.
Debt Coverage: DFS *'s debt is well covered by operating cash flow (39.6%).
Interest Coverage: Insufficient data to determine if DFS *'s interest payments on its debt are well covered by EBIT.