Target Balance Sheet Health
Financial Health criteria checks 2/6
Target has a total shareholder equity of $13.4B and total debt of $14.1B, which brings its debt-to-equity ratio to 105.3%. Its total assets and total liabilities are $55.4B and $41.9B respectively. Target's EBIT is $5.9B making its interest coverage ratio 11.8. It has cash and short-term investments of $3.8B.
Key information
105.3%
Debt to equity ratio
US$14.15b
Debt
| Interest coverage ratio | 11.8x |
| Cash | US$3.81b |
| Equity | US$13.43b |
| Total liabilities | US$41.92b |
| Total assets | US$55.36b |
Recent financial health updates
Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26
These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively
Sep 24Recent updates
Target's Aim Is Improving
Mar 29Results: Target Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
Mar 07Target Q4 Preview: Top-Line Focus As Earnings Strength Appears Priced In
Mar 04Returns On Capital At Target (NYSE:TGT) Have Stalled
Feb 27We Are Not Confident Buying Target Before The Next Quarterly Results
Feb 23Target: Is This A Good Dividend Stock To Buy Before Q4 Earnings?
Feb 12Is It Too Late To Consider Buying Target Corporation (NYSE:TGT)?
Feb 12Target Corporation's (NYSE:TGT) Shares May Have Run Too Fast Too Soon
Jan 31Target: Reviewing This Dividend King's Dividend Safety
Jan 14Target Corporation: Strong Cash Flow And Stronger Margins
Jan 03Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Add Target To Your Holiday Shopping List
Dec 17Is Target Corporation (NYSE:TGT) Trading At A 43% Discount?
Dec 02Target: A Tempting But Risky Investment
Nov 26Target Q3 Earnings Preview: Are Shares Oversold Ahead Of Quarterly Results?
Nov 13Target (NYSE:TGT) Hasn't Managed To Accelerate Its Returns
Nov 06Target: Don't Just Window-Shop, Upgrading To Buy On Valuation
Oct 28Is There Now An Opportunity In Target Corporation (NYSE:TGT)?
Oct 23Target Corporation And Its Real Value
Oct 09Target: Financials Say Buy, But Too Much Drama For Now
Sep 27These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Extensively
Sep 24Target: EPS Likely To Fall Further As New Economic Headwinds Grow
Sep 14Target: A Buy For The Kingly Dividend And Hold For The Turnaround
Aug 09Target: Optimistic Consumers Pulling Back, Retail Earnings On Tap, Shares A Hold
Jul 27Investors Could Be Concerned With Target's (NYSE:TGT) Returns On Capital
Jul 25Target (NYSE:TGT) Is Increasing Its Dividend To $1.10
Jul 13Target: Improved Upside And Yield After The Steep Sell-Off
Jun 26Target (NYSE:TGT) Is Paying Out A Larger Dividend Than Last Year
Jun 18Target: Turning Constructive (Rating Upgrade)
Jun 16Is Now The Time To Look At Buying Target Corporation (NYSE:TGT)?
Jun 09Target: Appears Fairly Valued Given Headwinds
Jun 07Financial Position Analysis
Short Term Liabilities: TGT's short term assets ($17.5B) do not cover its short term liabilities ($19.3B).
Long Term Liabilities: TGT's short term assets ($17.5B) do not cover its long term liabilities ($22.6B).
Debt to Equity History and Analysis
Debt Level: TGT's net debt to equity ratio (77%) is considered high.
Reducing Debt: TGT's debt to equity ratio has increased from 91% to 105.3% over the past 5 years.
Debt Coverage: TGT's debt is well covered by operating cash flow (60.9%).
Interest Coverage: TGT's interest payments on its debt are well covered by EBIT (11.8x coverage).