Financial Health criteria checks 4/6
Foot Locker has a total shareholder equity of $2.9B and total debt of $440.0M, which brings its debt-to-equity ratio to 15.2%. Its total assets and total liabilities are $7.0B and $4.1B respectively. Foot Locker's EBIT is $147.0M making its interest coverage ratio 18.4. It has cash and short-term investments of $291.0M.
Key information
15.2%
Debt to equity ratio
US$440.00m
Debt
Interest coverage ratio | 18.4x |
Cash | US$291.00m |
Equity | US$2.90b |
Total liabilities | US$4.06b |
Total assets | US$6.95b |
Recent financial health updates
Is Foot Locker (NYSE:FL) Using Too Much Debt?
Jul 28
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 14
Recent updates
Some Investors May Be Worried About Foot Locker's (NYSE:FL) Returns On Capital
Sep 03
Foot Locker: Q2 2024 Was Encouraging, But The Stock Discounts Most Improvements
Aug 29
Foot Locker: Future Prospects Are Already Priced In
Aug 15
Foot Locker, Inc. (NYSE:FL) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Aug 13
Is Foot Locker (NYSE:FL) Using Too Much Debt?
Jul 28
Foot Locker: Remain Hold Rated As Uncertainties Remain
Jun 03
Foot Locker, Inc.'s (NYSE:FL) Shares Climb 26% But Its Business Is Yet to Catch Up
May 31
Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?
May 27
Capital Allocation Trends At Foot Locker (NYSE:FL) Aren't Ideal
May 07
Foot Locker Is Doing The Right Things But Needs To Improve Margins
Apr 20
A Look At The Intrinsic Value Of Foot Locker, Inc. (NYSE:FL)
Apr 18
Foot Locker: Compelled To Downgrade To Hold With Little Visibility Into FY24
Mar 26
Foot Locker, Inc.'s (NYSE:FL) Popularity With Investors Under Threat As Stock Sinks 25%
Mar 16
Foot Locker Q4 Earnings: Promotions Drive Topline Beat, Shares Fairly Valued
Mar 06
Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Feb 29
Foot Locker Laces Up For Off-Mall Move
Feb 18
Should You Think About Buying Foot Locker, Inc. (NYSE:FL) Now?
Feb 15
Foot Locker: Upside Attractive If Macro Conditions Recover
Jan 27
Unpleasant Surprises Could Be In Store For Foot Locker, Inc.'s (NYSE:FL) Shares
Jan 19
Are Investors Undervaluing Foot Locker, Inc. (NYSE:FL) By 41%?
Jan 04
Foot Locker Q3 Earnings: Better Than Feared Sales Provide Momentum, Shares Fairly Valued
Nov 29
Returns On Capital Signal Tricky Times Ahead For Foot Locker (NYSE:FL)
Nov 29
Foot Locker: 4 Reasons To Consider Selling The Recent Bounce
Nov 20
Foot Locker: It Can Still Go Lower
Nov 10
Is It Time To Consider Buying Foot Locker, Inc. (NYSE:FL)?
Oct 06
Foot Locker: Student Loans May Be 'The Straw That Broke The Camel's Back'
Oct 03
Foot Locker (NYSE:FL) Is Due To Pay A Dividend Of $0.40
Sep 18
Foot Locker (NYSE:FL) Will Pay A Dividend Of $0.40
Sep 04
3 Reasons I Avoided Foot Locker Stock
Aug 30
Shares Plunge On 2 Quant Sell-Rated Stocks: Foot Locker And Peloton
Aug 24
Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Aug 19
Foot Locker (NYSE:FL) Takes On Some Risk With Its Use Of Debt
Aug 14
Foot Locker Could Be Lacing Up For A Turnaround
Jul 26
A Look At The Intrinsic Value Of Foot Locker, Inc. (NYSE:FL)
Jul 06
Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Jun 20
Foot Locker: Challenging Industry They Operate In
Jun 20
Foot Locker (NYSE:FL) Has Affirmed Its Dividend Of $0.40
May 21
Foot Locker's (NYSE:FL) Returns On Capital Not Reflecting Well On The Business
May 08
Is Now The Time To Look At Buying Foot Locker, Inc. (NYSE:FL)?
Apr 23
Foot Locker (NYSE:FL) Is Due To Pay A Dividend Of $0.40
Apr 05
Are Investors Undervaluing Foot Locker, Inc. (NYSE:FL) By 26%?
Mar 28
Foot Locker's (NYSE:FL) Dividend Will Be $0.40
Feb 19
Financial Position Analysis
Short Term Liabilities: FL's short term assets ($2.3B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: FL's short term assets ($2.3B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: FL's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: FL's debt to equity ratio has increased from 4.9% to 15.2% over the past 5 years.
Debt Coverage: FL's debt is well covered by operating cash flow (91.1%).
Interest Coverage: FL's interest payments on its debt are well covered by EBIT (18.4x coverage).
Balance Sheet
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