Discover Financial Services Balance Sheet Health
Financial Health criteria checks 4/6
Discover Financial Services has a total shareholder equity of $14.8B and total debt of $21.3B, which brings its debt-to-equity ratio to 143.9%. Its total assets and total liabilities are $151.5B and $136.7B respectively.
Key information
143.9%
Debt to equity ratio
US$21.33b
Debt
Interest coverage ratio | n/a |
Cash | US$11.69b |
Equity | US$14.83b |
Total liabilities | US$136.69b |
Total assets | US$151.52b |
Recent financial health updates
No updates
Recent updates
Capital One Makes A Brilliant Step Forward With Discover
Mar 05Discover Financial Services: High-Yielding Digital Bank And Payment Network
Feb 05Discover Financial Services: Down But Far From Out
Jan 26Discover Financial Q4 Earnings Preview: Credit Losses Are The Primary Concern
Jan 15Discover Financial Services' (NYSE:DFS) Price Is Right But Growth Is Lacking After Shares Rocket 29%
Dec 22Discover Financial Services: Harvesting Low-Hanging Fruit
Nov 19Discover: Q3 Results Worsen The Uncertainties Weighing On Shares
Oct 20Discover Financial: Growing Dividend, No Margin Of Safety
Oct 09Discover Financial Is An Attractive, Yet Risky Play
Sep 19Discover Financial: Credit Card Delinquencies May Soon Rise Above Normal Levels
Aug 23Discover Financial: CEO Departure And FDIC Probe Beginning (Rating Downgrade)
Aug 16Discover Financial: Don't Panic
Jul 20Discover Financial: A Modest Buy Opportunity With A Leading Global Card Network
Jun 26Taking My Discover Financial Gains Off The Table
Feb 03Financial Position Analysis
Short Term Liabilities: DFS's short term assets ($132.3B) exceed its short term liabilities ($120.1B).
Long Term Liabilities: DFS's short term assets ($132.3B) exceed its long term liabilities ($16.6B).
Debt to Equity History and Analysis
Debt Level: DFS's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: DFS's debt to equity ratio has reduced from 244.7% to 143.9% over the past 5 years.
Debt Coverage: DFS's debt is well covered by operating cash flow (40.1%).
Interest Coverage: Insufficient data to determine if DFS's interest payments on its debt are well covered by EBIT.