Gap Balance Sheet Health
Financial Health criteria checks 4/6
Gap has a total shareholder equity of $2.6B and total debt of $1.5B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are $11.0B and $8.4B respectively. Gap's EBIT is $611.0M making its interest coverage ratio 152.8. It has cash and short-term investments of $1.9B.
Key information
57.3%
Debt to equity ratio
US$1.49b
Debt
Interest coverage ratio | 152.8x |
Cash | US$1.87b |
Equity | US$2.60b |
Total liabilities | US$8.45b |
Total assets | US$11.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPS *'s short term assets ($4.4B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: GPS *'s short term assets ($4.4B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: GPS * has more cash than its total debt.
Reducing Debt: GPS *'s debt to equity ratio has increased from 37.2% to 57.3% over the past 5 years.
Debt Coverage: GPS *'s debt is well covered by operating cash flow (103%).
Interest Coverage: GPS *'s interest payments on its debt are well covered by EBIT (152.8x coverage).