Gap Balance Sheet Health
Financial Health criteria checks 4/6
Gap has a total shareholder equity of $2.6B and total debt of $1.5B, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are $11.0B and $8.4B respectively. Gap's EBIT is $611.0M making its interest coverage ratio 152.8. It has cash and short-term investments of $1.9B.
Key information
57.3%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | 152.8x |
| Cash | US$1.87b |
| Equity | US$2.60b |
| Total liabilities | US$8.45b |
| Total assets | US$11.04b |
Recent financial health updates
Does Gap (NYSE:GPS) Have A Healthy Balance Sheet?
Jan 13
Is Gap (NYSE:GPS) Using Too Much Debt?
Oct 02Is Gap (NYSE:GPS) Using Debt In A Risky Way?
Feb 21Does Gap (NYSE:GPS) Have A Healthy Balance Sheet?
Nov 10Recent updates
The Gap, Inc.'s (NYSE:GPS) Shares Climb 40% But Its Business Is Yet to Catch Up
Mar 29We Think Gap's (NYSE:GPS) Healthy Earnings Might Be Conservative
Mar 14Gap (NYSE:GPS) Is Paying Out A Dividend Of $0.15
Mar 05Gap: Lack Of Growth And Unstable Profitability Indicate A Hold
Mar 05Gap (NYSE:GPS) Could Be Struggling To Allocate Capital
Jan 29Does Gap (NYSE:GPS) Have A Healthy Balance Sheet?
Jan 13The Gap, Inc. (NYSE:GPS) Investors Are Less Pessimistic Than Expected
Dec 29Gap: An Example Of Ferocious Bullish Sector Rotation Back Into Small Caps
Dec 21Gap (NYSE:GPS) Has Announced A Dividend Of $0.15
Dec 13Are Investors Undervaluing The Gap, Inc. (NYSE:GPS) By 35%?
Dec 11Gap (NYSE:GPS) Will Pay A Dividend Of $0.15
Nov 23The Gap Is Back From The Brink
Nov 16Is Gap (NYSE:GPS) Using Too Much Debt?
Oct 02Taking Profits On The Gap
Sep 22What Is The Gap, Inc.'s (NYSE:GPS) Share Price Doing?
Sep 10The Gap: Declining Sales Remain A Concern
Aug 30Trying On Even More Of The Gap
Aug 21Gap (NYSE:GPS) Is Due To Pay A Dividend Of $0.15
Aug 20Is The Gap, Inc. (NYSE:GPS) Trading At A 47% Discount?
Aug 03Gap's (NYSE:GPS) Returns On Capital Not Reflecting Well On The Business
Jul 13Shopping For The Gap Shares
Jul 11Gap (NYSE:GPS) Has Announced A Dividend Of $0.15
Jun 16Gap (NYSE:GPS) Has Affirmed Its Dividend Of $0.15
May 28Gap Stores: An Uncertain Turnaround And Bearish Price Trends Ahead Of Earnings
May 25Gap's (NYSE:GPS) Dividend Will Be $0.15
May 13Gap (NYSE:GPS) Has Affirmed Its Dividend Of $0.15
Mar 06Is Gap (NYSE:GPS) Using Debt In A Risky Way?
Feb 21The Gap: Retail Nightmare That Will Not End
Jan 27Gap Q3 2023 Earnings Preview
Nov 16Gap: High Upside Remains Heading Into The End Of The Year
Nov 10Does Gap (NYSE:GPS) Have A Healthy Balance Sheet?
Nov 105 Reasons We Are Staying Away From Gap
Oct 13Financial Position Analysis
Short Term Liabilities: GPS's short term assets ($4.4B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: GPS's short term assets ($4.4B) do not cover its long term liabilities ($5.4B).
Debt to Equity History and Analysis
Debt Level: GPS has more cash than its total debt.
Reducing Debt: GPS's debt to equity ratio has increased from 37.2% to 57.3% over the past 5 years.
Debt Coverage: GPS's debt is well covered by operating cash flow (103%).
Interest Coverage: GPS's interest payments on its debt are well covered by EBIT (152.8x coverage).