Coles Group Limited

ASX:COL Stock Report

Market Cap: AU$25.2b

Coles Group Balance Sheet Health

Financial Health criteria checks 3/6

Coles Group has a total shareholder equity of A$3.6B and total debt of A$1.7B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are A$19.9B and A$16.3B respectively. Coles Group's EBIT is A$2.0B making its interest coverage ratio 4.8. It has cash and short-term investments of A$675.0M.

Key information

45.7%

Debt to equity ratio

AU$1.65b

Debt

Interest coverage ratio4.8x
CashAU$675.00m
EquityAU$3.62b
Total liabilitiesAU$16.25b
Total assetsAU$19.87b

Recent financial health updates

These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well

Oct 01
These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well

We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt

May 11
We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt

Recent updates

Coles Group (ASX:COL) Might Be Having Difficulty Using Its Capital Effectively

Dec 20
Coles Group (ASX:COL) Might Be Having Difficulty Using Its Capital Effectively

A Look At The Fair Value Of Coles Group Limited (ASX:COL)

Nov 03
A Look At The Fair Value Of Coles Group Limited (ASX:COL)

Coles Group Limited's (ASX:COL) Shareholders Might Be Looking For Exit

Oct 19
Coles Group Limited's (ASX:COL) Shareholders Might Be Looking For Exit

These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well

Oct 01
These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well

Coles Group (ASX:COL) Boosts E-Commerce with Ocado Alliance, Reports Strong Earnings and Dividend Increase

Sep 16
Coles Group (ASX:COL) Boosts E-Commerce with Ocado Alliance, Reports Strong Earnings and Dividend Increase

Here's Why Coles Group (ASX:COL) Has Caught The Eye Of Investors

Sep 15
Here's Why Coles Group (ASX:COL) Has Caught The Eye Of Investors

Coles Group (ASX:COL) Could Be Struggling To Allocate Capital

Aug 28
Coles Group (ASX:COL) Could Be Struggling To Allocate Capital

Investor Optimism Abounds Coles Group Limited (ASX:COL) But Growth Is Lacking

Jul 11
Investor Optimism Abounds Coles Group Limited (ASX:COL) But Growth Is Lacking

Coles Group (ASX:COL) May Have Issues Allocating Its Capital

May 29
Coles Group (ASX:COL) May Have Issues Allocating Its Capital

We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt

May 11
We Think Coles Group (ASX:COL) Can Stay On Top Of Its Debt

Estimating The Fair Value Of Coles Group Limited (ASX:COL)

Apr 05
Estimating The Fair Value Of Coles Group Limited (ASX:COL)

Coles Group (ASX:COL) Is Due To Pay A Dividend Of A$0.36

Feb 29
Coles Group (ASX:COL) Is Due To Pay A Dividend Of A$0.36

Coles Group (ASX:COL) Will Be Hoping To Turn Its Returns On Capital Around

Feb 16
Coles Group (ASX:COL) Will Be Hoping To Turn Its Returns On Capital Around

Pinning Down Coles Group Limited's (ASX:COL) P/E Is Difficult Right Now

Jan 24
Pinning Down Coles Group Limited's (ASX:COL) P/E Is Difficult Right Now

A Look At The Intrinsic Value Of Coles Group Limited (ASX:COL)

Jan 02
A Look At The Intrinsic Value Of Coles Group Limited (ASX:COL)

Financial Position Analysis

Short Term Liabilities: COL's short term assets (A$4.0B) do not cover its short term liabilities (A$6.8B).

Long Term Liabilities: COL's short term assets (A$4.0B) do not cover its long term liabilities (A$9.5B).

Debt to Equity History and Analysis

Debt Level: COL's net debt to equity ratio (27%) is considered satisfactory.

Reducing Debt: COL's debt to equity ratio has increased from 43.5% to 45.7% over the past 5 years.

Debt Coverage: COL's debt is well covered by operating cash flow (169.1%).

Interest Coverage: COL's interest payments on its debt are well covered by EBIT (4.8x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 06:39
End of Day Share Price 2024/12/31 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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 here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 .

Analyst Sources

Coles Group Limited is covered by 23 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Russell WrightBarclay Pearce Capital Pty Limited
Thomas KierathBarrenjoey Markets Pty Limited
Jonathan SnapeBell Potter