Nordstrom Balance Sheet Health
Financial Health criteria checks 3/6
Nordstrom has a total shareholder equity of $848.0M and total debt of $2.9B, which brings its debt-to-equity ratio to 337.5%. Its total assets and total liabilities are $8.4B and $7.6B respectively. Nordstrom's EBIT is $567.0M making its interest coverage ratio 5.5. It has cash and short-term investments of $628.0M.
Key information
337.5%
Debt to equity ratio
US$2.86b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$628.00m |
| Equity | US$848.00m |
| Total liabilities | US$7.60b |
| Total assets | US$8.44b |
Recent financial health updates
Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Feb 15
Here's Why Nordstrom (NYSE:JWN) Has A Meaningful Debt Burden
Oct 25Is Nordstrom (NYSE:JWN) A Risky Investment?
Jul 23Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Mar 15Nordstrom (NYSE:JWN) Takes On Some Risk With Its Use Of Debt
Sep 08Recent updates
With Nordstrom, Inc. (NYSE:JWN) It Looks Like You'll Get What You Pay For
Apr 15Nordstrom: Downgrading To Hold As I Am Less Confident In The Business Outlook
Apr 09There May Be Reason For Hope In Nordstrom's (NYSE:JWN) Disappointing Earnings
Mar 13Nordstrom Q4 Earnings: Neutral Outlook Despite Positive Momentum In Rack
Mar 07Nordstrom's (NYSE:JWN) Dividend Will Be $0.19
Mar 03Nordstrom (NYSE:JWN) Could Be At Risk Of Shrinking As A Company
Mar 01Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Feb 15Nordstrom: Meeting FY24 Guidance Should Drive Valuation Upwards
Dec 27Market Participants Recognise Nordstrom, Inc.'s (NYSE:JWN) Earnings Pushing Shares 30% Higher
Dec 23Nordstrom (NYSE:JWN) Has Announced A Dividend Of $0.19
Nov 23Nordstrom: Q3 Results Point To Ongoing Inventory Concerns
Nov 22Nordstrom (NYSE:JWN) Will Be Looking To Turn Around Its Returns
Nov 12Here's Why Nordstrom (NYSE:JWN) Has A Meaningful Debt Burden
Oct 25Nordstrom: Weight Loss Drugs Could Drive EPS Much Higher
Oct 16Nordstrom: Sales Trends Expected To Improve Through FY24
Sep 20Nordstrom's Turnaround Is Around The Corner
Sep 02Nordstrom's (NYSE:JWN) Dividend Will Be $0.19
Aug 26Returns On Capital At Nordstrom (NYSE:JWN) Paint A Concerning Picture
Aug 07Is Nordstrom (NYSE:JWN) A Risky Investment?
Jul 23Nordstrom: Headwinds And Risks Ahead
Jul 20Are Nordstrom, Inc. (NYSE:JWN) Investors Paying Above The Intrinsic Value?
Jul 02Nordstrom: A Few Considerations Ahead Of Q1 Earnings
May 23Nordstrom (NYSE:JWN) Will Pay A Dividend Of $0.19
May 21Nordstrom (NYSE:JWN) Will Be Looking To Turn Around Its Returns
Apr 24Is Nordstrom (NYSE:JWN) Using Too Much Debt?
Mar 15Nordstrom jumps 30% on report activist Ryan Cohen takes stake
Feb 03Nordstrom: There's So Much More To Do
Jan 20Nordstrom: Cheap But I'm Not Buying
Jan 09Nordstrom's (NYSE:JWN) Returns On Capital Not Reflecting Well On The Business
Dec 31Nordstrom declares $0.19 dividend
Nov 16Is There An Opportunity With Nordstrom, Inc.'s (NYSE:JWN) 23% Undervaluation?
Nov 16Nordstrom Is A Hold For Now
Oct 13Nordstrom chief technology, information officer Mesrobian resigns
Oct 05Why Nordstrom Could Be Set To Outperform
Sep 26Nordstrom (NYSE:JWN) Takes On Some Risk With Its Use Of Debt
Sep 08Is Nordstrom A Safe Dividend Stock After Lowered Guidance?
Sep 07Financial Position Analysis
Short Term Liabilities: JWN's short term assets ($3.1B) exceed its short term liabilities ($3.1B).
Long Term Liabilities: JWN's short term assets ($3.1B) do not cover its long term liabilities ($4.5B).
Debt to Equity History and Analysis
Debt Level: JWN's net debt to equity ratio (263.4%) is considered high.
Reducing Debt: JWN's debt to equity ratio has increased from 311.2% to 337.5% over the past 5 years.
Debt Coverage: JWN's debt is well covered by operating cash flow (21.7%).
Interest Coverage: JWN's interest payments on its debt are well covered by EBIT (5.5x coverage).