Target Balance Sheet Health
Financial Health criteria checks 2/6
Target has a total shareholder equity of $13.8B and total debt of $16.3B, which brings its debt-to-equity ratio to 117.5%. Its total assets and total liabilities are $55.1B and $41.3B respectively. Target's EBIT is $5.9B making its interest coverage ratio 12.7. It has cash and short-term investments of $3.6B.
Key information
117.5%
Debt to equity ratio
US$16.26b
Debt
| Interest coverage ratio | 12.7x |
| Cash | US$3.60b |
| Equity | US$13.84b |
| Total liabilities | US$41.28b |
| Total assets | US$55.12b |
Recent financial health updates
These 4 Measures Indicate That Target (NYSE:TGT) Is Using Debt Reasonably Well
Jul 24
Is Target (NYSE:TGT) Using Too Much Debt?
Dec 26Recent updates
Stay 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 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 23Financial Position Analysis
Short Term Liabilities: TGT's short term assets ($17.1B) do not cover its short term liabilities ($19.9B).
Long Term Liabilities: TGT's short term assets ($17.1B) do not cover its long term liabilities ($21.4B).
Debt to Equity History and Analysis
Debt Level: TGT's net debt to equity ratio (91.4%) is considered high.
Reducing Debt: TGT's debt to equity ratio has increased from 111.7% to 117.5% over the past 5 years.
Debt Coverage: TGT's debt is well covered by operating cash flow (52%).
Interest Coverage: TGT's interest payments on its debt are well covered by EBIT (12.7x coverage).