Burlington Stores Balance Sheet Health
Financial Health criteria checks 4/6
Burlington Stores has a total shareholder equity of $1.1B and total debt of $1.4B, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are $7.8B and $6.8B respectively. Burlington Stores's EBIT is $652.4M making its interest coverage ratio 15. It has cash and short-term investments of $659.9M.
Key information
128.6%
Debt to equity ratio
US$1.38b
Debt
| Interest coverage ratio | 15x |
| Cash | US$659.91m |
| Equity | US$1.07b |
| Total liabilities | US$6.75b |
| Total assets | US$7.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURL *'s short term assets ($2.3B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: BURL *'s short term assets ($2.3B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: BURL *'s net debt to equity ratio (66.9%) is considered high.
Reducing Debt: BURL *'s debt to equity ratio has reduced from 341.2% to 128.6% over the past 5 years.
Debt Coverage: BURL *'s debt is well covered by operating cash flow (76.2%).
Interest Coverage: BURL *'s interest payments on its debt are well covered by EBIT (15x coverage).