Burlington Stores Balance Sheet Health
Financial Health criteria checks 4/6
Burlington Stores has a total shareholder equity of $850.5M and total debt of $1.4B, which brings its debt-to-equity ratio to 162.4%. Its total assets and total liabilities are $7.5B and $6.6B respectively. Burlington Stores's EBIT is $509.9M making its interest coverage ratio 8.8. It has cash and short-term investments of $615.9M.
Key information
162.4%
Debt to equity ratio
US$1.38b
Debt
Interest coverage ratio | 8.8x |
Cash | US$615.86m |
Equity | US$850.48m |
Total liabilities | US$6.64b |
Total assets | US$7.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURL *'s short term assets ($2.2B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: BURL *'s short term assets ($2.2B) do not cover its long term liabilities ($4.7B).
Debt to Equity History and Analysis
Debt Level: BURL *'s net debt to equity ratio (90%) is considered high.
Reducing Debt: BURL *'s debt to equity ratio has reduced from 558.7% to 162.4% over the past 5 years.
Debt Coverage: BURL *'s debt is well covered by operating cash flow (62.1%).
Interest Coverage: BURL *'s interest payments on its debt are well covered by EBIT (8.8x coverage).