Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $20.8B and total debt of $6.9B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $66.3B and $45.6B respectively. Costco Wholesale's EBIT is $8.9B making its interest coverage ratio -20.2. It has cash and short-term investments of $10.3B.
Key information
33.5%
Debt to equity ratio
US$6.95b
Debt
Interest coverage ratio | -20.2x |
Cash | US$10.32b |
Equity | US$20.76b |
Total liabilities | US$45.56b |
Total assets | US$66.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COST's short term assets ($32.1B) do not cover its short term liabilities ($34.7B).
Long Term Liabilities: COST's short term assets ($32.1B) exceed its long term liabilities ($10.9B).
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 45.7% to 33.5% over the past 5 years.
Debt Coverage: COST's debt is well covered by operating cash flow (153.3%).
Interest Coverage: COST earns more interest than it pays, so coverage of interest payments is not a concern.