Gap Balance Sheet Health
Financial Health criteria checks 4/6
Gap has a total shareholder equity of $2.7B and total debt of $1.5B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $10.9B and $8.2B respectively. Gap's EBIT is $802.0M making its interest coverage ratio -89.1. It has cash and short-term investments of $1.7B.
Key information
55.0%
Debt to equity ratio
US$1.49b
Debt
| Interest coverage ratio | -89.1x |
| Cash | US$1.73b |
| Equity | US$2.71b |
| Total liabilities | US$8.20b |
| Total assets | US$10.91b |
Recent financial health updates
Gap (NYSE:GPS) Seems To Use Debt Quite Sensibly
May 10
Does Gap (NYSE:GPS) Have A Healthy Balance Sheet?
Jan 13Is Gap (NYSE:GPS) Using Too Much Debt?
Oct 02Is Gap (NYSE:GPS) Using Debt In A Risky Way?
Feb 21Recent updates
Calculating The Intrinsic Value Of The Gap, Inc. (NYSE:GPS)
Jun 23Gap Stock: A Stellar Q1 Justifies The Rally, But Further Upside May Be Limited
May 31Gap (NYSE:GPS) Is Reinvesting At Lower Rates Of Return
May 28The Gap: Recent Margin Leverage Doesn't Seem Sustainable
May 13Gap (NYSE:GPS) Seems To Use Debt Quite Sensibly
May 10The 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 27Financial Position Analysis
Short Term Liabilities: GPS's short term assets ($4.2B) exceed its short term liabilities ($2.8B).
Long Term Liabilities: GPS's short term assets ($4.2B) 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 35% to 55% over the past 5 years.
Debt Coverage: GPS's debt is well covered by operating cash flow (103.9%).
Interest Coverage: GPS earns more interest than it pays, so coverage of interest payments is not a concern.