Foot Locker Financial Health

How is Foot Locker's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: FL's short term assets ($2.3B) exceed its short term liabilities ($1.5B).

Long Term Liabilities: FL's short term assets ($2.3B) do not cover its long term liabilities ($3.0B).


Debt to Equity History and Analysis

Debt Level: FL's net debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: FL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: FL's debt is well covered by operating cash flow (36.2%).

Interest Coverage: FL's interest payments on its debt are well covered by EBIT (38.4x coverage).


Balance Sheet


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