Bath & Body Works Balance Sheet Health
Financial Health criteria checks 2/6
Bath & Body Works has a total shareholder equity of $-1.7B and total debt of $4.2B, which brings its debt-to-equity ratio to -240.1%. Its total assets and total liabilities are $5.0B and $6.7B respectively. Bath & Body Works's EBIT is $1.3B making its interest coverage ratio 4.8. It has cash and short-term investments of $191.0M.
Key information
-240.1%
Debt to equity ratio
US$4.20b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$191.00m |
| Equity | -US$1.75b |
| Total liabilities | US$6.73b |
| Total assets | US$4.98b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBWI * has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BBWI * has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BBWI * has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BBWI *'s has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BBWI *'s debt is well covered by operating cash flow (20.4%).
Interest Coverage: BBWI *'s interest payments on its debt are well covered by EBIT (4.8x coverage).