JD Sports Fashion Balance Sheet Health
Financial Health criteria checks 6/6
JD Sports Fashion has a total shareholder equity of £2.5B and total debt of £114.6M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are £7.9B and £5.4B respectively. JD Sports Fashion's EBIT is £1.0B making its interest coverage ratio 17.5. It has cash and short-term investments of £1.4B.
Key information
4.6%
Debt to equity ratio
UK£114.60m
Debt
Interest coverage ratio | 17.5x |
Cash | UK£1.39b |
Equity | UK£2.50b |
Total liabilities | UK£5.41b |
Total assets | UK£7.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JDDS.F's short term assets (£3.4B) exceed its short term liabilities (£2.5B).
Long Term Liabilities: JDDS.F's short term assets (£3.4B) exceed its long term liabilities (£2.9B).
Debt to Equity History and Analysis
Debt Level: JDDS.F has more cash than its total debt.
Reducing Debt: JDDS.F's debt to equity ratio has reduced from 35% to 4.6% over the past 5 years.
Debt Coverage: JDDS.F's debt is well covered by operating cash flow (1054.5%).
Interest Coverage: JDDS.F's interest payments on its debt are well covered by EBIT (17.5x coverage).