Foot Locker Balance Sheet Health
Financial Health criteria checks 5/6
Foot Locker has a total shareholder equity of $2.9B and total debt of $395.0M, which brings its debt-to-equity ratio to 13.7%. Its total assets and total liabilities are $6.9B and $4.0B respectively. Foot Locker's EBIT is $187.0M making its interest coverage ratio 20.8. It has cash and short-term investments of $297.0M.
Key information
13.7%
Debt to equity ratio
US$395.00m
Debt
| Interest coverage ratio | 20.8x |
| Cash | US$297.00m |
| Equity | US$2.89b |
| Total liabilities | US$3.98b |
| Total assets | US$6.87b |
Recent financial health updates
Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Feb 29
Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Aug 14Is Foot Locker (NYSE:FL) A Risky Investment?
Nov 09Recent updates
A 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 23Foot Locker (NYSE:FL) Is Due To Pay A Dividend Of $0.40
Apr 05Are Investors Undervaluing Foot Locker, Inc. (NYSE:FL) By 26%?
Mar 28Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Feb 19Foot Locker declares $0.40 dividend
Feb 15Foot Locker (NYSE:FL) Might Be Having Difficulty Using Its Capital Effectively
Feb 07Foot Locker Could Exceed Expectations
Feb 06Foot Locker: Just Like Nike, Steer Clear
Jan 17Is Now An Opportune Moment To Examine Foot Locker, Inc. (NYSE:FL)?
Dec 30Foot Locker declares $0.40 dividend
Nov 15Is Foot Locker (NYSE:FL) A Risky Investment?
Nov 09Foot Locker: Attractive Valuation At Over 10% Earnings Yield
Oct 26The Returns On Capital At Foot Locker (NYSE:FL) Don't Inspire Confidence
Oct 21Foot Locker: Can New CEO Turn It Around
Oct 20Financial Position Analysis
Short Term Liabilities: FL's short term assets ($2.2B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: FL's short term assets ($2.2B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: FL's net debt to equity ratio (3.4%) 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 (23%).
Interest Coverage: FL's interest payments on its debt are well covered by EBIT (20.8x coverage).