Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $23.6B and total debt of $5.9B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $69.8B and $46.2B respectively. Costco Wholesale's EBIT is $9.3B making its interest coverage ratio -20.4. It has cash and short-term investments of $11.1B.
Key information
25.0%
Debt to equity ratio
US$5.90b
Debt
Interest coverage ratio | -20.4x |
Cash | US$11.14b |
Equity | US$23.62b |
Total liabilities | US$46.21b |
Total assets | US$69.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COST's short term assets ($34.2B) do not cover its short term liabilities ($35.5B).
Long Term Liabilities: COST's short term assets ($34.2B) exceed its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: COST has more cash than its total debt.
Reducing Debt: COST's debt to equity ratio has reduced from 43.8% to 25% over the past 5 years.
Debt Coverage: COST's debt is well covered by operating cash flow (192.3%).
Interest Coverage: COST earns more interest than it pays, so coverage of interest payments is not a concern.