Under Armour Balance Sheet Health
Financial Health criteria checks 6/6
Under Armour has a total shareholder equity of $2.2B and total debt of $676.0M, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are $5.0B and $2.9B respectively. Under Armour's EBIT is $273.5M making its interest coverage ratio 70.8. It has cash and short-term investments of $1.0B.
Key information
31.1%
Debt to equity ratio
US$676.04m
Debt
| Interest coverage ratio | 70.8x |
| Cash | US$1.04b |
| Equity | US$2.17b |
| Total liabilities | US$2.87b |
| Total assets | US$5.04b |
Recent financial health updates
Is Under Armour (NYSE:UAA) A Risky Investment?
Jan 22
We Think Under Armour (NYSE:UAA) Is Taking Some Risk With Its Debt
Oct 19Under Armour (NYSE:UAA) Has A Pretty Healthy Balance Sheet
May 10Is Under Armour (NYSE:UAA) Using Debt Sensibly?
Dec 12These 4 Measures Indicate That Under Armour (NYSE:UAA) Is Using Debt Safely
Jul 24Here's Why Under Armour (NYSE:UAA) Can Manage Its Debt Responsibly
Apr 13Recent updates
Is It Time To Consider Buying Under Armour, Inc. (NYSE:UAA)?
Mar 27Under Armour, Inc.'s (NYSE:UAA) Intrinsic Value Is Potentially 21% Below Its Share Price
Feb 29Under Armour's (NYSE:UAA) Profits Appear To Have Quality Issues
Feb 15Insufficient Growth At Under Armour, Inc. (NYSE:UAA) Hampers Share Price
Feb 06Is Under Armour (NYSE:UAA) A Risky Investment?
Jan 22Under Armour (NYSE:UAA) Might Have The Makings Of A Multi-Bagger
Jan 08What Is Under Armour, Inc.'s (NYSE:UAA) Share Price Doing?
Nov 01We Think Under Armour (NYSE:UAA) Is Taking Some Risk With Its Debt
Oct 19Under Armour: Weak Sales And High Inventory Merits Caution
Oct 17Under Armour's (NYSE:UAA) Returns On Capital Are Heading Higher
Sep 08What Is Under Armour, Inc.'s (NYSE:UAA) Share Price Doing?
Jul 25Under Armour: Strong Brand Oversold
Jun 23Under Armour (NYSE:UAA) Has A Pretty Healthy Balance Sheet
May 10Is There Now An Opportunity In Under Armour, Inc. (NYSE:UAA)?
Apr 15Under Armour FQ3 2023 Earnings Preview
Feb 07Should You Investigate Under Armour, Inc. (NYSE:UAA) At US$10.16?
Jan 02Under Armour hires Marriott exec Stephanie Linnartz as CEO
Dec 21Is Under Armour (NYSE:UAA) Using Debt Sensibly?
Dec 12Here's What To Make Of Under Armour's (NYSE:UAA) Decelerating Rates Of Return
Nov 20Under Armour Q2 2023 Earnings Preview
Nov 02Is There An Opportunity With Under Armour, Inc.'s (NYSE:UAA) 34% Undervaluation?
Sep 26Why Under Armour, Inc. (NYSE:UAA) Could Be Worth Watching
Aug 15Under Armour FQ1 2023 Earnings Preview
Aug 02These 4 Measures Indicate That Under Armour (NYSE:UAA) Is Using Debt Safely
Jul 24Under Armour (NYSE:UAA) Has More To Do To Multiply In Value Going Forward
Jun 27Is Under Armour, Inc. (NYSE:UAA) Trading At A 48% Discount?
Jun 13Is It Too Late To Consider Buying Under Armour, Inc. (NYSE:UAA)?
May 16Under Armour: Long-Term Upside Potential, But Short-Term May Prove Volatile
Apr 25Here's Why Under Armour (NYSE:UAA) Can Manage Its Debt Responsibly
Apr 13Financial Position Analysis
Short Term Liabilities: UAA's short term assets ($3.1B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: UAA's short term assets ($3.1B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: UAA has more cash than its total debt.
Reducing Debt: UAA's debt to equity ratio has reduced from 36.1% to 31.1% over the past 5 years.
Debt Coverage: UAA's debt is well covered by operating cash flow (60.5%).
Interest Coverage: UAA's interest payments on its debt are well covered by EBIT (70.8x coverage).