Cencora Balance Sheet Health
Financial Health criteria checks 3/6
Cencora has a total shareholder equity of $786.7M and total debt of $4.4B, which brings its debt-to-equity ratio to 557.8%. Its total assets and total liabilities are $67.1B and $66.3B respectively. Cencora's EBIT is $3.2B making its interest coverage ratio 20.5. It has cash and short-term investments of $3.1B.
Key information
557.8%
Debt to equity ratio
US$4.39b
Debt
| Interest coverage ratio | 20.5x |
| Cash | US$3.13b |
| Equity | US$786.74m |
| Total liabilities | US$66.31b |
| Total assets | US$67.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABC's short term assets ($47.7B) do not cover its short term liabilities ($54.3B).
Long Term Liabilities: ABC's short term assets ($47.7B) exceed its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: ABC's net debt to equity ratio (159.6%) is considered high.
Reducing Debt: ABC's debt to equity ratio has increased from 150.1% to 557.8% over the past 5 years.
Debt Coverage: ABC's debt is well covered by operating cash flow (79.4%).
Interest Coverage: ABC's interest payments on its debt are well covered by EBIT (20.5x coverage).