Foot Locker Balance Sheet Health
Financial Health criteria checks 4/6
Foot Locker has a total shareholder equity of $2.9B and total debt of $440.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $7.0B and $4.1B respectively. Foot Locker's EBIT is $137.0M making its interest coverage ratio 17.1. It has cash and short-term investments of $291.0M.
Key information
15.2%
Debt to equity ratio
US$440.00m
Debt
| Interest coverage ratio | 17.1x |
| Cash | US$291.00m |
| Equity | US$2.90b |
| Total liabilities | US$4.06b |
| Total assets | US$6.95b |
Recent financial health updates
Foot Locker (NYSE:FL) Has A Somewhat Strained Balance Sheet
Nov 07
Is Foot Locker (NYSE:FL) Using Too Much Debt?
Jul 28Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Feb 29Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Aug 14Recent updates
Foot Locker (NYSE:FL) Has A Somewhat Strained Balance Sheet
Nov 07When Should You Buy Foot Locker, Inc. (NYSE:FL)?
Oct 20Are Foot Locker, Inc. (NYSE:FL) Investors Paying Above The Intrinsic Value?
Oct 02Foot Locker: Big Bets With Nike And Adidas Means 18.8% Upside
Sep 28Some Investors May Be Worried About Foot Locker's (NYSE:FL) Returns On Capital
Sep 03Foot Locker: Q2 2024 Was Encouraging, But The Stock Discounts Most Improvements
Aug 29Foot Locker: Future Prospects Are Already Priced In
Aug 15Foot Locker, Inc. (NYSE:FL) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Aug 13Is Foot Locker (NYSE:FL) Using Too Much Debt?
Jul 28Foot Locker: Remain Hold Rated As Uncertainties Remain
Jun 03Foot Locker, Inc.'s (NYSE:FL) Shares Climb 26% But Its Business Is Yet to Catch Up
May 31Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?
May 27Capital Allocation Trends At Foot Locker (NYSE:FL) Aren't Ideal
May 07Foot Locker Is Doing The Right Things But Needs To Improve Margins
Apr 20A Look At The Intrinsic Value Of Foot Locker, Inc. (NYSE:FL)
Apr 18Foot Locker: Compelled To Downgrade To Hold With Little Visibility Into FY24
Mar 26Foot Locker, Inc.'s (NYSE:FL) Popularity With Investors Under Threat As Stock Sinks 25%
Mar 16Foot Locker Q4 Earnings: Promotions Drive Topline Beat, Shares Fairly Valued
Mar 06Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Feb 29Foot Locker Laces Up For Off-Mall Move
Feb 18Should You Think About Buying Foot Locker, Inc. (NYSE:FL) Now?
Feb 15Foot Locker: Upside Attractive If Macro Conditions Recover
Jan 27Unpleasant Surprises Could Be In Store For Foot Locker, Inc.'s (NYSE:FL) Shares
Jan 19Are Investors Undervaluing Foot Locker, Inc. (NYSE:FL) By 41%?
Jan 04Foot Locker Q3 Earnings: Better Than Feared Sales Provide Momentum, Shares Fairly Valued
Nov 29Returns On Capital Signal Tricky Times Ahead For Foot Locker (NYSE:FL)
Nov 29Foot Locker: 4 Reasons To Consider Selling The Recent Bounce
Nov 20Foot Locker: It Can Still Go Lower
Nov 10Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?
Oct 06Foot Locker: Student Loans May Be 'The Straw That Broke The Camel's Back'
Oct 03Foot Locker (NYSE:FL) Is Due To Pay A Dividend Of $0.40
Sep 18Foot Locker (NYSE:FL) Will Pay A Dividend Of $0.40
Sep 043 Reasons I Avoided Foot Locker Stock
Aug 30Shares Plunge On 2 Quant Sell-Rated Stocks: Foot Locker And Peloton
Aug 24Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Aug 19Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Aug 14Foot Locker Could Be Lacing Up For A Turnaround
Jul 26A Look At The Intrinsic Value Of Foot Locker, Inc. (NYSE:FL)
Jul 06Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Jun 20Foot Locker: Challenging Industry They Operate In
Jun 20Foot Locker (NYSE:FL) Has Affirmed Its Dividend Of $0.40
May 21Foot Locker's (NYSE:FL) Returns On Capital Not Reflecting Well On The Business
May 08Is Now The Time To Look At Buying Foot Locker, Inc. (NYSE:FL)?
Apr 23Financial Position Analysis
Short Term Liabilities: FL's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: FL's short term assets ($2.3B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: FL's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: FL's debt to equity ratio has increased from 4.9% to 15.2% over the past 5 years.
Debt Coverage: FL's debt is well covered by operating cash flow (91.1%).
Interest Coverage: FL's interest payments on its debt are well covered by EBIT (17.1x coverage).