Target Balance Sheet Health
Financial Health criteria checks 2/6
Target has a total shareholder equity of $14.5B and total debt of $16.1B, which brings its debt-to-equity ratio to 111%. Its total assets and total liabilities are $58.5B and $44.0B respectively. Target's EBIT is $6.1B making its interest coverage ratio 14.3. It has cash and short-term investments of $3.4B.
Key information
111.0%
Debt to equity ratio
US$16.09b
Debt
Interest coverage ratio | 14.3x |
Cash | US$3.43b |
Equity | US$14.49b |
Total liabilities | US$44.04b |
Total assets | US$58.53b |
Recent financial health updates
Is Target (NYSE:TGT) Using Too Much Debt?
Nov 12These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Reasonably Well
Jul 24Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Recent updates
Target: Q3, Promotional Environment Weighs On Earnings
Nov 21Is Target (NYSE:TGT) Using Too Much Debt?
Nov 12Walmart Vs. Target: Which Retail Giant Is A Buy At Today's Valuations?
Nov 12Target: This Dividend King Is On Sale Yielding Around 3%
Oct 25Returns On Capital At Target (NYSE:TGT) Have Stalled
Oct 07Target Corporation's (NYSE:TGT) Prospects Need A Boost To Lift Shares
Sep 253 Reasons Why Target Will Smash Sales This Holiday Season
Sep 23Wall Street Lunch: Target Already Getting A Jump On Holiday Sales
Sep 16Target Corporation (NYSE:TGT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Sep 13Target Q2 Preview: Anticipating A Potential Sales Growth Inflection
Aug 19Target (NYSE:TGT) Is Increasing Its Dividend To $1.12
Aug 17Stay On Target (Technical Analysis)
Jul 24These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Reasonably Well
Jul 24At US$151, Is Target Corporation (NYSE:TGT) Worth Looking At Closely?
Jul 12Target (NYSE:TGT) Will Pay A Larger Dividend Than Last Year At $1.12
Jun 30Target: Dividend King Held Down By Unfavorable Conditions
Jun 22Target's (NYSE:TGT) Dividend Will Be Increased To $1.12
Jun 16Target Sales Slide: Hold Rating Amid Strategy Concerns
Jun 10Returns At Target (NYSE:TGT) Appear To Be Weighed Down
Jun 05Target Misses The Mark And Pays A Price For It
May 22Target: Drama Eased While Operations Improved, But Waiting For Q1 Earnings
May 16What You Can Learn From Target Corporation's (NYSE:TGT) P/E
May 13Target Corporation: Improvements In Performance Will Be Difficult
May 10Target Corporation (NYSE:TGT) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 01Target: Shares Due For A Pause, Earnings In Focus
Apr 30Target'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 17Financial Position Analysis
Short Term Liabilities: TGT's short term assets ($20.6B) do not cover its short term liabilities ($21.8B).
Long Term Liabilities: TGT's short term assets ($20.6B) do not cover its long term liabilities ($22.3B).
Debt to Equity History and Analysis
Debt Level: TGT's net debt to equity ratio (87.3%) is considered high.
Reducing Debt: TGT's debt to equity ratio has increased from 101.1% to 111% over the past 5 years.
Debt Coverage: TGT's debt is well covered by operating cash flow (45.8%).
Interest Coverage: TGT's interest payments on its debt are well covered by EBIT (14.3x coverage).