Designer Brands Balance Sheet Health
Financial Health criteria checks 2/6
Designer Brands has a total shareholder equity of $362.5M and total debt of $427.1M, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are $2.1B and $1.7B respectively. Designer Brands's EBIT is $67.8M making its interest coverage ratio 2.1. It has cash and short-term investments of $49.2M.
Key information
117.8%
Debt to equity ratio
US$427.09m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$49.17m |
| Equity | US$362.51m |
| Total liabilities | US$1.71b |
| Total assets | US$2.08b |
Recent financial health updates
Is Designer Brands (NYSE:DBI) Using Too Much Debt?
Jul 13
Does Designer Brands (NYSE:DBI) Have A Healthy Balance Sheet?
Nov 22Recent updates
Designer Brands: Branding Efforts Hit By Promotional Environment
Apr 11Designer Brands (NYSE:DBI) Has Affirmed Its Dividend Of $0.05
Mar 21Earnings Working Against Designer Brands Inc.'s (NYSE:DBI) Share Price Following 29% Dive
Dec 31Designer Brands: A Soft Market Or Company?
Dec 20Designer Brands' (NYSE:DBI) Soft Earnings Are Actually Better Than They Appear
Dec 18Designer Brands' (NYSE:DBI) Returns On Capital Not Reflecting Well On The Business
Nov 09Designer Brands Inc. (NYSE:DBI) Shares Could Be 26% Below Their Intrinsic Value Estimate
Oct 23Designer Brands: Near Term Challenges In A Fiercely Competitive Industry
Oct 12Designer Brands Is Not A Fashionable Buy
Sep 01Is Designer Brands (NYSE:DBI) Using Too Much Debt?
Jul 13Designer Brands: Q1 Performance Impacted By Promotional Retail Environment
Jun 12Designer Brands (NYSE:DBI) May Have Issues Allocating Its Capital
Jun 12Designer Brands: Worth Another Shot With Improved Performance, Depressed Share Price
Feb 03Designer Brands: More Profitable In-House Brand Growth Strategy
Jan 27Designer Brands acquires Topo Athletic
Dec 19Does Designer Brands (NYSE:DBI) Have A Healthy Balance Sheet?
Nov 22When Should You Buy Designer Brands Inc. (NYSE:DBI)?
Oct 30Financial Position Analysis
Short Term Liabilities: DBI's short term assets ($777.4M) exceed its short term liabilities ($622.3M).
Long Term Liabilities: DBI's short term assets ($777.4M) do not cover its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: DBI's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: DBI's debt to equity ratio has increased from 20.8% to 117.8% over the past 5 years.
Debt Coverage: DBI's debt is well covered by operating cash flow (38%).
Interest Coverage: DBI's interest payments on its debt are not well covered by EBIT (2.1x coverage).