Target Balance Sheet Health
Financial Health criteria checks 2/6
Target has a total shareholder equity of $14.4B and total debt of $15.4B, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are $56.0B and $41.6B respectively. Target's EBIT is $6.3B making its interest coverage ratio 14.7. It has cash and short-term investments of $3.5B.
Key information
106.6%
Debt to equity ratio
US$15.38b
Debt
| Interest coverage ratio | 14.7x |
| Cash | US$3.50b |
| Equity | US$14.43b |
| Total liabilities | US$41.57b |
| Total assets | US$56.00b |
Recent financial health updates
Is Target (NYSE:TGT) Using Too Much Debt?
Nov 12
These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Reasonably Well
Jul 24Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Recent updates
Is 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 ($17.9B) do not cover its short term liabilities ($20.0B).
Long Term Liabilities: TGT's short term assets ($17.9B) do not cover its long term liabilities ($21.6B).
Debt to Equity History and Analysis
Debt Level: TGT's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: TGT's debt to equity ratio has increased from 97.3% to 106.6% over the past 5 years.
Debt Coverage: TGT's debt is well covered by operating cash flow (55.7%).
Interest Coverage: TGT's interest payments on its debt are well covered by EBIT (14.7x coverage).