Under Armour Balance Sheet Health
Financial Health criteria checks 5/6
Under Armour has a total shareholder equity of $2.2B and total debt of $675.8M, which brings its debt-to-equity ratio to 31.4%. Its total assets and total liabilities are $4.8B and $2.6B respectively. Under Armour's EBIT is $236.0M making its interest coverage ratio -880.4. It has cash and short-term investments of $858.7M.
Key information
31.4%
Debt to equity ratio
US$675.79m
Debt
Interest coverage ratio | -880.4x |
Cash | US$858.69m |
Equity | US$2.15b |
Total liabilities | US$2.61b |
Total assets | US$4.76b |
Recent financial health updates
Is Under Armour (NYSE:UAA) A Risky Investment?
Jan 22We 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 24Recent updates
The Returns At Under Armour (NYSE:UAA) Aren't Growing
May 23There's No Escaping Under Armour, Inc.'s (NYSE:UAA) Muted Earnings
May 07Is 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 13Financial Position Analysis
Short Term Liabilities: UAA's short term assets ($2.9B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: UAA's short term assets ($2.9B) 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 increased from 28.8% to 31.4% over the past 5 years.
Debt Coverage: UAA's debt is well covered by operating cash flow (52.4%).
Interest Coverage: UAA earns more interest than it pays, so coverage of interest payments is not a concern.