Under Armour Balance Sheet Health
Financial Health criteria checks 5/6
Under Armour has a total shareholder equity of $2.0B and total debt of $594.6M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are $4.5B and $2.5B respectively. Under Armour's EBIT is $209.7M making its interest coverage ratio -73.2. It has cash and short-term investments of $530.7M.
Key information
30.0%
Debt to equity ratio
US$594.59m
Debt
| Interest coverage ratio | -73.2x |
| Cash | US$530.70m |
| Equity | US$1.99b |
| Total liabilities | US$2.51b |
| Total assets | US$4.49b |
Recent financial health updates
No updates
Recent updates
Under Armour Trades As If The Turnaround Had Been Successful, Little Opportunity Now
Nov 07Under Armour: Return To Glory
Sep 12Slow And Steady With Under Armour
Sep 06Under Armour: Golden Opportunity
Jul 01The Bottom Fishing Club: Under Armour Left For Dead, Founder Again CEO
Jun 16A Complete Reset For Under Armour
May 16Under Armour Stock: This Selloff Is Not An Opportunity To Buy
Mar 15Under Armour: Turnaround In Sight
Feb 09Under Armour: Undervalued And Finally Turning Around
Nov 22Under Armour: Partnership With Ripken Baseball May Accelerate The Growth
Oct 20Under Armour: Favorable Risk/Reward
Aug 08Finding Hope Amidst Under Armour's Challenging Outlook
Jun 22Under Armour Q3 Results Commentary: Inventory Is Piling Up
Feb 09Under Armour Q3 Results Preview: Not Yet The Quarter That Will Change The Game
Feb 02Under Armour Is Cheap For All The Right Reasons
Jan 20Under Armour: Good Pick For The New CEO
Dec 22Under Armour: Stay Neutral Despite Discount To Peers And Better Than Expected Results
Nov 04Under Armour: Current Headaches Will Likely Put More Pressure On The Stock
Oct 23Under Armour: Nike Has A Problem
Oct 05Under Armour: Q1 Review In Line, Stock Remains A Hold
Aug 08Under Armour: This Quality Brand Remains In Limbo Without A CEO
Jul 07Under Armour: High Free Cash Flow Yield And Attractive Valuation
Jun 25Under Armour: Tough Transition
May 20Under Armour: Turnaround On Track
Apr 29Under Armour: Temporary Speed Bump
Feb 15Under Armour: Holidays Aren't Toast
Nov 02Under Armour's Story Has Not Yet Changed
Sep 15Under Armour: Running Higher
Aug 04Under Armour Is Searching For A Much-Needed Revenue Growth Boost
Jul 25The Real Problem With Under Armour
Jun 07Financial Position Analysis
Short Term Liabilities: UA's short term assets ($2.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: UA's short term assets ($2.6B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: UA's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: UA's debt to equity ratio has increased from 27.5% to 30% over the past 5 years.
Debt Coverage: UA's debt is well covered by operating cash flow (21.9%).
Interest Coverage: UA earns more interest than it pays, so coverage of interest payments is not a concern.