Under Armour Balance Sheet Health
Financial Health criteria checks 5/6
Under Armour has a total shareholder equity of $1.8B and total debt of $595.4M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are $4.9B and $3.0B respectively. Under Armour's EBIT is $221.5M making its interest coverage ratio -52.3. It has cash and short-term investments of $884.6M.
Key information
32.8%
Debt to equity ratio
US$595.38m
Debt
| Interest coverage ratio | -52.3x |
| Cash | US$884.55m |
| Equity | US$1.82b |
| Total liabilities | US$3.04b |
| Total assets | US$4.86b |
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 10Recent updates
Under Armour, Inc.'s (NYSE:UAA) Popularity With Investors Is Under Threat From Overpricing
Aug 29At US$7.90, Is It Time To Put Under Armour, Inc. (NYSE:UAA) On Your Watch List?
Aug 11Estimating The Fair Value Of Under Armour, Inc. (NYSE:UAA)
Jun 05The 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 21Financial Position Analysis
Short Term Liabilities: UAA's short term assets ($3.0B) exceed its short term liabilities ($1.7B).
Long Term Liabilities: UAA's short term assets ($3.0B) exceed its long term liabilities ($1.3B).
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 28.9% to 32.8% over the past 5 years.
Debt Coverage: UAA's debt is well covered by operating cash flow (86.2%).
Interest Coverage: UAA earns more interest than it pays, so coverage of interest payments is not a concern.