Academy Sports and Outdoors Balance Sheet Health
Financial Health criteria checks 5/6
Academy Sports and Outdoors has a total shareholder equity of $1.9B and total debt of $487.1M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are $4.9B and $3.0B respectively. Academy Sports and Outdoors's EBIT is $654.0M making its interest coverage ratio 14.6. It has cash and short-term investments of $378.1M.
Key information
25.6%
Debt to equity ratio
US$487.08m
Debt
Interest coverage ratio | 14.6x |
Cash | US$378.15m |
Equity | US$1.91b |
Total liabilities | US$2.97b |
Total assets | US$4.87b |
Recent financial health updates
We Think Academy Sports and Outdoors (NASDAQ:ASO) Is Taking Some Risk With Its Debt
May 14Does Academy Sports and Outdoors (NASDAQ:ASO) Have A Healthy Balance Sheet?
Feb 05Recent updates
Academy Sports and Outdoors: Better To Stay On The Sidelines For Now
Jul 16Are Investors Undervaluing Academy Sports and Outdoors, Inc. (NASDAQ:ASO) By 28%?
Jul 02Academy Sports and Outdoors: A Complete Reset Presents An Opportunity
Jun 11We Think Academy Sports and Outdoors (NASDAQ:ASO) Is Taking Some Risk With Its Debt
May 14Is Now The Time To Look At Buying Academy Sports and Outdoors, Inc. (NASDAQ:ASO)?
Apr 29Academy 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 21Financial Position Analysis
Short Term Liabilities: ASO's short term assets ($1.8B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: ASO's short term assets ($1.8B) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: ASO's net debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: ASO's debt to equity ratio has reduced from 212.5% to 25.6% over the past 5 years.
Debt Coverage: ASO's debt is well covered by operating cash flow (140.3%).
Interest Coverage: ASO's interest payments on its debt are well covered by EBIT (14.6x coverage).