Walmart Balance Sheet Health
Financial Health criteria checks 5/6
Walmart has a total shareholder equity of $102.5B and total debt of $46.4B, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are $288.7B and $186.1B respectively. Walmart's EBIT is $28.9B making its interest coverage ratio 12. It has cash and short-term investments of $10.6B.
Key information
45.23%
Debt to equity ratio
US$46.37b
Debt
| Interest coverage ratio | 12x |
| Cash | US$10.58b |
| Equity | US$102.51b |
| Total liabilities | US$186.14b |
| Total assets | US$288.66b |
Recent financial health updates
No updates
Recent updates
Walmart's Valuation Makes Zero Mathematical Sense
Dec 13Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235
Nov 22
Walmart's (NYSE:WMT) Dividend Will Be $0.235
Oct 31Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235
Aug 13
Walmart Inc. (NYSE:WMT) Investors Are Less Pessimistic Than Expected
Jul 29Walmart (NYSE:WMT) Is Due To Pay A Dividend Of $0.235
Jul 01Shareholders Will Probably Hold Off On Increasing Walmart Inc.'s (NYSE:WMT) CEO Compensation For The Time Being
May 29Walmart: Are Shares A Buy Before Q1 Results?
Apr 24Here's Why Walmart (NYSE:WMT) Has Caught The Eye Of Investors
Apr 08Walmart: Reality Check After The Disappointing Guidance (Rating Downgrade)
Mar 23Walmart Earnings Preview: 'Alternative Revenue Streams' And E-Commerce Will Eventually Boost Margins
Feb 17We Like These Underlying Return On Capital Trends At Walmart (NYSE:WMT)
Feb 10Walmart: A Great Business Isn't Always A Great Investment
Feb 03Walmart: Only One Question, Can It Justify A 40x Multiple?
Jan 01Walmart: Time To Reassess Your Investment Strategy
Dec 11
Narrative update from Goran Damchevski
Despite the large spike, Walmart’s new market value can be justified by their increased growth and profitability expectations.Walmart: Time To Take Some Profit (Rating Downgrade)
Dec 01Walmart Earnings Summary: The 'Flywheel' Levers Are Beginning To Turn
Nov 21Think Twice Before Selling Walmart
Nov 10Walmart: Margin Expansion And Digitalization Support Long-Term Returns
Oct 10Walmart: E-Commerce And Marketplace Will Determine The Future; Initiate With 'Buy'
Sep 10
Narrative update from Stjepan Kalinic
Walmart achieved its highest U.S. net sales and operating income in two years during Q2 2024, reflecting strong consumer demand and effective pricing strategies.
Elevating eCommerce And AI Innovations Boosts Sales And Membership Growth
Strategic use of eCommerce and technology, like generative AI, is set to enhance customer experiences and drive significant growth in eCommerce sales and net margins.Walmart: Simply Too Expensive (Rating Downgrade)
Aug 29Narrative update from Goran Damchevski
Revenue grew 4.8% to $169.3B, with a contribution from the e-comm business which grew 21%. The increased sales were driven by increased unit volume and transaction counts. Interestingly, the company sFinancial Position Analysis
Short Term Liabilities: WMT's short term assets ($92.9B) do not cover its short term liabilities ($115.7B).
Long Term Liabilities: WMT's short term assets ($92.9B) exceed its long term liabilities ($70.4B).
Debt to Equity History and Analysis
Debt Level: WMT's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: WMT's debt to equity ratio has reduced from 52.8% to 45.2% over the past 5 years.
Debt Coverage: WMT's debt is well covered by operating cash flow (88.4%).
Interest Coverage: WMT's interest payments on its debt are well covered by EBIT (12x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/22 18:35 |
| End of Day Share Price | 2025/12/22 00:00 |
| Earnings | 2025/10/31 |
| Annual Earnings | 2025/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Walmart Inc. is covered by 73 analysts. 27 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Will Chien | Accountability Research Corporation |
| Christopher Graja | Argus Research Company |
| Peter Benedict | Baird |