Academy Sports and Outdoors Balance Sheet Health
Financial Health criteria checks 5/6
Academy Sports and Outdoors has a total shareholder equity of $2.0B and total debt of $487.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are $4.7B and $2.7B respectively. Academy Sports and Outdoors's EBIT is $677.9M making its interest coverage ratio 14.7. It has cash and short-term investments of $347.9M.
Key information
24.9%
Debt to equity ratio
US$487.55m
Debt
| Interest coverage ratio | 14.7x |
| Cash | US$347.92m |
| Equity | US$1.95b |
| Total liabilities | US$2.72b |
| Total assets | US$4.68b |
Recent financial health updates
Recent updates
Is Now The Time To Look At Buying Academy Sports and Outdoors, Inc. (NASDAQ:ASO)?
Apr 29
Academy Sports and Outdoors (NASDAQ:ASO) Is Doing The Right Things To Multiply Its Share Price
Apr 13Academy Sports And Outdoors: Remain Neutral Until Shrink Improves And New Strategy Shows Traction
Apr 04A Piece Of The Puzzle Missing From Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Share Price
Mar 21Why Academy Sports And Outdoors May Report Its Highest Q4 Ever
Mar 15Is There An Opportunity With Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) 22% Undervaluation?
Mar 06Academy Sports and Outdoors: On The Path To Achieving Significant Revenue Growth
Feb 20Does Academy Sports and Outdoors (NASDAQ:ASO) Have A Healthy Balance Sheet?
Feb 05At US$63.53, Is Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Worth Looking At Closely?
Jan 19Returns On Capital Are Showing Encouraging Signs At Academy Sports and Outdoors (NASDAQ:ASO)
Jan 04Investors Still Aren't Entirely Convinced By Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Earnings Despite 32% Price Jump
Dec 20Is Academy Sports and Outdoors, Inc. (NASDAQ:ASO) Trading At A 49% Discount?
Oct 18What Is Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Share Price Doing?
Oct 02Returns on Capital Paint A Bright Future For Academy Sports and Outdoors (NASDAQ:ASO)
Aug 26Is There Now An Opportunity In Academy Sports and Outdoors, Inc. (NASDAQ:ASO)?
Jun 29Academy Sports and Outdoors (NASDAQ:ASO) Is Achieving High Returns On Its Capital
May 28Is There An Opportunity With Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) 44% Undervaluation?
May 12Should You Investigate Academy Sports and Outdoors, Inc. (NASDAQ:ASO) At US$63.02?
Mar 30Academy Sports and Outdoors (NASDAQ:ASO) Is Very Good At Capital Allocation
Feb 10Academy Sports and Outdoors, Inc.'s (NASDAQ:ASO) Intrinsic Value Is Potentially 64% Above Its Share Price
Dec 27Is It Too Late To Consider Buying Academy Sports and Outdoors, Inc. (NASDAQ:ASO)?
Nov 14Under The Bonnet, Academy Sports and Outdoors' (NASDAQ:ASO) Returns Look Impressive
Oct 27Are Investors Undervaluing Academy Sports and Outdoors, Inc. (NASDAQ:ASO) By 46%?
Sep 26Academy Sports And Outdoors: A Retail Underdog Set To Outperform The Market
Sep 21Academy Sports and Outdoors Earnings: More Upside Warranted Despite Recent Weakness
Sep 10Academy Sports and Outdoors declares $0.075 dividend
Sep 01Academy Sports: Great Read From DICK'S Sporting Goods
Aug 25Is Now The Time To Put Academy Sports and Outdoors (NASDAQ:ASO) On Your Watchlist?
Aug 17Financial Position Analysis
Short Term Liabilities: ASO's short term assets ($1.6B) exceed its short term liabilities ($879.9M).
Long Term Liabilities: ASO's short term assets ($1.6B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: ASO's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: ASO's debt to equity ratio has reduced from 189.9% to 24.9% over the past 5 years.
Debt Coverage: ASO's debt is well covered by operating cash flow (109.9%).
Interest Coverage: ASO's interest payments on its debt are well covered by EBIT (14.7x coverage).