Shoe Station Group Inc. (SHOE) Balance Sheet
SHOE balance sheet, FY2026
January 31, 2026 · U.S. dollars$1.20B assets = $512.1M liabilities + $689.7M equity
Both columns are drawn to the same scale: what SHOE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SHOE financial health
Descriptive bands, not a rating. Fiscal FY2026.
SHOE balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $458.5MFY2017 | $1.20BFY2026 | +11.3%/yr | |
| Total liabilities | $139.6MFY2017 | $512.1MFY2026 | +15.5%/yr | |
| Shareholders’ equity | $318.9MFY2017 | $689.7MFY2026 | +8.9%/yr | |
| Cash & short-term investments | $62.9MFY2017 | $130.7MFY2026 | +8.5%/yr | |
| Total debt | $237.3MFY2020 | $371.4MFY2026 | +7.8%/yr | |
| Net cash (debt) | −$175.4MFY2020 | −$240.7MFY2026 | −$65.3M | |
| Working capital | $265.5MFY2017 | $437.7MFY2026 | +$172.3M | |
| Book value per share | $8.85FY2017 | $25.05FY2026 | +12.3%/yr | |
| Current ratio | 4.08FY2017 | 3.76FY2026 | −0.31 | |
| Debt / equity | 0.80FY2020 | 0.54FY2026 | −0.26 | |
| Shares outstanding | 36.0MFY2017 | 27.5MFY2026 | −2.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SHOE assets
SHOE liabilities and equity
SHOE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SHOE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $130.7M | $123.1M | $111.2M | $63.0M | $132.4M | $106.5M | $61.9M | $67.0M | $48.3M | $62.9M |
| Cash & equivalents | $117.1M | $108.7M | $99.0M | $51.4M | $117.4M | $106.5M | $61.9M | $67.0M | $48.3M | $62.9M |
| Short-term investments | $13.6M | $14.4M | $12.2M | $11.6M | $15.0M | — | — | — | — | — |
| Receivables | $6.4M | $9.0M | $2.6M | $3.1M | $14.2M | $7.1M | $2.7M | $1.2M | $6.3M | $4.4M |
| Inventory | $439.6M | $385.6M | $346.4M | $390.4M | $285.2M | $233.3M | $259.5M | $257.5M | $260.5M | $279.6M |
| Other current assets | $19.4M | $18.4M | $21.1M | $13.3M | $10.3M | $8.4M | $5.5M | $11.5M | $5.6M | $4.7M |
| Total current assets | $596.1M | $536.1M | $481.3M | $469.7M | $442.0M | $355.3M | $329.6M | $337.3M | $320.6M | $351.8M |
| Property, plant & equipment (net) | $535.2M | $516.4M | $502.5M | $460.0M | $309.5M | $268.0M | $282.8M | $70.6M | $86.3M | $96.2M |
| Goodwill & intangible assets | $58.9M | $59.0M | $44.6M | $44.6M | $44.0M | $11.2M | $0 | $0 | $0 | $0 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $11.5M | $12.7M | $13.6M | $15.4M | $16.8M | $8.3M | $15.9M | $10.1M | $8.7M | $10.5M |
| Total assets | $1.20B | $1.12B | $1.04B | $989.8M | $812.3M | $642.7M | $628.4M | $418.0M | $415.6M | $458.5M |
| Liabilities | ||||||||||
| Accounts payable | $79.2M | $52.0M | $58.3M | $78.8M | $69.1M | $57.7M | $60.7M | $48.7M | $41.7M | $67.8M |
| Short-term debt | $58.1M | $53.0M | $53.0M | $58.2M | $51.6M | $48.8M | $43.1M | — | — | — |
| Deferred revenue | — | — | — | — | $27.4M | $17.8M | $14.2M | — | — | — |
| Total current liabilities | $158.4M | $130.4M | $127.9M | $157.3M | $153.7M | $130.9M | $122.5M | $70.8M | $56.8M | $86.3M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $371.4M | $368.0M | $354.3M | $343.2M | — | — | — | — | — | — |
| Other long-term liabilities | $353.7M | $344.7M | $330.8M | $306.9M | $206.0M | $201.7M | $208.5M | $42.8M | $51.5M | $53.3M |
| Total liabilities | $512.1M | $475.1M | $458.6M | $464.2M | $359.7M | $332.6M | $331.0M | $113.6M | $108.3M | $139.6M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $205,000 | $205,000 | $205,000 | $205,000 | $206,000 |
| Retained earnings (deficit) | $808.8M | $773.4M | $714.6M | $653.5M | $553.5M | $406.7M | $395.8M | $360.4M | $326.7M | $312.6M |
| Total shareholders' equity | $689.7M | $649.0M | $583.4M | $525.6M | $452.5M | $310.2M | $297.4M | $304.4M | $307.3M | $318.9M |
| Key figures | ||||||||||
| Total debt | $371.4M | $368.0M | $354.3M | $343.2M | $246.4M | $231.4M | $237.3M | — | — | — |
| Net cash (debt) | −$240.7M | −$244.9M | −$243.1M | −$280.3M | −$113.9M | −$124.9M | −$175.4M | — | — | — |
| Working capital | $437.7M | $405.7M | $353.5M | $312.4M | $288.3M | $224.4M | $207.1M | $266.5M | $263.8M | $265.5M |
| Tangible book value | $630.7M | $590.0M | $538.8M | $480.9M | $408.5M | $299.0M | $297.4M | $304.4M | $307.3M | $318.9M |
| Book value per share | $25.05 | $23.58 | $21.29 | $18.90 | $15.83 | $10.88 | $10.12 | $9.82 | $9.47 | $8.85 |
| Shares outstanding | 27.5M | 27.5M | 27.4M | 27.8M | 28.6M | 28.5M | 29.4M | 31.0M | 32.5M | 36.0M |
| Current ratio | 3.76 | 4.11 | 3.76 | 2.99 | 2.88 | 2.71 | 2.69 | 4.77 | 5.65 | 4.08 |
| Quick ratio | 0.87 | 1.01 | 0.89 | 0.42 | 0.95 | 0.87 | 0.53 | 0.96 | 0.96 | 0.78 |
| Debt / equity | 0.54 | 0.57 | 0.61 | 0.65 | 0.54 | 0.75 | 0.80 | — | — | — |
| Equity / assets | 57.4% | 57.7% | 56.0% | 53.1% | 55.7% | 48.3% | 47.3% | 72.8% | 73.9% | 69.6% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $131.6M | $129.3M | $130.7M | $107.7M | $91.9M | $93.0M | $123.1M | $91.1M | $84.5M | $69.5M | $111.2M | $71.1M |
| Cash & equivalents | $118.0M | $116.1M | $117.1M | $94.4M | $78.7M | $78.5M | $108.7M | $77.2M | $71.6M | $56.9M | $99.0M | $59.9M |
| Short-term investments | $13.6M | $13.2M | $13.6M | $13.3M | $13.2M | $14.5M | $14.4M | $13.9M | $12.8M | $12.6M | $12.2M | $11.2M |
| Receivables | $6.3M | $6.7M | $6.4M | $7.1M | $8.5M | $8.7M | $9.0M | $8.7M | $5.5M | $5.9M | $2.6M | $3.1M |
| Inventory | $426.6M | $417.2M | $439.6M | $435.3M | $449.0M | $428.4M | $385.6M | $406.6M | $425.5M | $411.6M | $346.4M | $368.3M |
| Other current assets | $26.2M | $17.7M | $19.4M | $23.0M | $24.7M | $18.5M | $18.4M | $20.7M | $21.7M | $18.0M | $21.1M | $19.5M |
| Total current assets | $590.7M | $570.9M | $596.1M | $573.0M | $574.1M | $548.6M | $536.1M | $527.0M | $537.1M | $505.0M | $481.3M | $462.0M |
| Property, plant & equipment (net) | $507.5M | $518.1M | $535.2M | $528.7M | $520.3M | $520.2M | $516.4M | $525.2M | $508.6M | $518.1M | $502.5M | $502.8M |
| Goodwill & intangible assets | $58.9M | $58.9M | $58.9M | $59.0M | $59.0M | $59.0M | $59.0M | $59.0M | $56.4M | $56.2M | $44.6M | $44.6M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $10.5M | $11.1M | $11.5M | $11.8M | $11.9M | $12.3M | $12.7M | $13.2M | $12.9M | $13.3M | $106.3M | $14.0M |
| Total assets | $1.17B | $1.16B | $1.20B | $1.17B | $1.17B | $1.14B | $1.12B | $1.12B | $1.12B | $1.09B | $1.13B | $1.02B |
| Liabilities | ||||||||||||
| Accounts payable | $72.2M | $65.3M | $79.2M | $65.9M | $68.7M | $66.6M | $52.0M | $57.3M | $73.9M | $71.2M | $58.3M | $42.9M |
| Short-term debt | — | $57.8M | $58.1M | $51.9M | $57.9M | $58.4M | $53.0M | $58.4M | $55.9M | $56.0M | $53.0M | $57.1M |
| Deferred revenue | — | $2.4M | $2.1M | — | $2.7M | $2.6M | — | — | $3.2M | $3.2M | $2.4M | $2.8M |
| Total current liabilities | $146.2M | $141.9M | $158.4M | $141.3M | $156.5M | $149.6M | $130.4M | $135.8M | $160.0M | $149.2M | $127.9M | $121.4M |
| Long-term debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $354.6M | $361.2M | $371.4M | $362.8M | $361.6M | $365.3M | — | — | — | — | — | — |
| Other long-term liabilities | $344.7M | $343.7M | $353.7M | $348.0M | $338.1M | $336.9M | $344.7M | $353.0M | $336.5M | $345.6M | $423.5M | $332.1M |
| Total liabilities | $490.8M | $485.7M | $512.1M | $489.4M | $494.6M | $486.6M | $475.1M | $488.8M | $496.5M | $494.8M | $551.4M | $453.6M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | — | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 | $410,000 |
| Retained earnings (deficit) | $799.9M | $798.4M | $808.8M | $803.9M | $793.5M | $778.5M | $773.4M | $762.5M | $747.0M | $728.2M | $714.6M | $702.4M |
| Total shareholders' equity | $676.8M | $673.4M | $689.7M | $683.2M | $670.7M | $653.6M | $649.0M | $635.7M | $618.5M | $597.8M | $583.4M | $569.9M |
| Key figures | ||||||||||||
| Total debt | — | $361.2M | $371.4M | $362.8M | $361.6M | $365.3M | $368.0M | $376.1M | $360.4M | $369.3M | $354.3M | $362.4M |
| Net cash (debt) | — | −$231.9M | −$240.7M | −$255.1M | −$269.7M | −$272.4M | −$244.9M | −$285.0M | −$276.0M | −$299.9M | −$243.1M | −$291.3M |
| Working capital | $444.6M | $429.0M | $437.7M | $431.7M | $417.6M | $399.0M | $405.7M | $391.3M | $377.1M | $355.8M | $353.5M | $340.6M |
| Tangible book value | $617.9M | $614.5M | $630.7M | $624.2M | $611.7M | $594.6M | $590.0M | $576.7M | $562.1M | $541.6M | $538.8M | $525.3M |
| Book value per share | $24.90 | $24.59 | $24.97 | $24.76 | $24.43 | $23.79 | $23.53 | $23.06 | $22.49 | $21.81 | $21.35 | $20.80 |
| Shares outstanding | 27.2M | 27.4M | 27.6M | 27.6M | 27.5M | 27.5M | 27.6M | 27.6M | 27.5M | 27.4M | 27.3M | 27.4M |
| Current ratio | 4.04 | 4.02 | 3.76 | 4.05 | 3.67 | 3.67 | 4.11 | 3.88 | 3.36 | 3.38 | 3.76 | 3.81 |
| Quick ratio | 0.94 | 0.96 | 0.87 | 0.81 | 0.64 | 0.68 | 1.01 | 0.73 | 0.56 | 0.50 | 0.89 | 0.61 |
| Debt / equity | — | 0.54 | 0.54 | 0.53 | 0.54 | 0.56 | 0.57 | 0.59 | 0.58 | 0.62 | 0.61 | 0.64 |
| Equity / assets | 58.0% | 58.1% | 57.4% | 58.3% | 57.6% | 57.3% | 57.7% | 56.5% | 55.5% | 54.7% | 51.4% | 55.7% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed March 26, 2026); data from EODHD.
SHOE financial position
At the end of fiscal 2026 (January 31, 2026), Shoe Station had total assets of $1.2 billion (up 6.9% from a year earlier), total liabilities of $512.1 million and shareholders' equity of $689.7 million. It held $130.7 million in cash and short-term investments against $371.4 million of debt, net debt of $240.7 million. Its current ratio was 3.76. In the latest quarter (ended July 31, 2026) total assets were $1.2 billion and equity $676.8 million.
Related: SHOE income statement, SHOE cash flow statement, SHOE key metrics. See the SHOE stock overview for the latest quote and news.
SHOE balance sheet FAQ
What are Shoe Station's total assets?
Shoe Station reported total assets of $1.2 billion at the end of fiscal 2026 (January 31, 2026), compared with $1.1 billion a year earlier.
How much debt does Shoe Station have?
Shoe Station had $371.4 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.54.
How much cash does Shoe Station have?
Shoe Station held $130.7 million in cash and short-term investments at the end of fiscal 2026; with $371.4 million of debt that is net debt of $240.7 million.
What is Shoe Station's book value?
Shoe Station's shareholders' equity (book value) was $689.7 million at the end of fiscal 2026, or $25.05 per share.
What is Shoe Station's current ratio?
Shoe Station had current assets of $596.1 million and current liabilities of $158.4 million, a current ratio of 3.76 (it can cover its short-term obligations).
How much goodwill does Shoe Station have?
Shoe Station carried $58.9 million of goodwill and intangible assets, 4.9% of total assets, at the end of fiscal 2026.