Gap Balance Sheet Health
Financial Health criteria checks 4/6
Gap has a total shareholder equity of $2.7B and total debt of $1.5B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $10.9B and $8.2B respectively. Gap's EBIT is $802.0M making its interest coverage ratio -89.1. It has cash and short-term investments of $1.7B.
Key information
55.0%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | -89.1x |
| Cash | US$1.73b |
| Equity | US$2.71b |
| Total liabilities | US$8.20b |
| Total assets | US$10.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GAP1 *'s short term assets ($4.2B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: GAP1 *'s short term assets ($4.2B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: GAP1 * has more cash than its total debt.
Reducing Debt: GAP1 *'s debt to equity ratio has increased from 35% to 55% over the past 5 years.
Debt Coverage: GAP1 *'s debt is well covered by operating cash flow (103.9%).
Interest Coverage: GAP1 * earns more interest than it pays, so coverage of interest payments is not a concern.