Coles Group Balance Sheet Health
Financial Health criteria checks 3/6
Coles Group has a total shareholder equity of A$3.8B and total debt of A$2.0B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are A$20.3B and A$16.5B respectively. Coles Group's EBIT is A$2.0B making its interest coverage ratio 3.8. It has cash and short-term investments of A$705.0M.
Key information
52.13%
Debt to equity ratio
AU$1.98b
Debt
| Interest coverage ratio | 3.8x |
| Cash | AU$705.00m |
| Equity | AU$3.81b |
| Total liabilities | AU$16.49b |
| Total assets | AU$20.29b |
Recent financial health updates
Does Coles Group (ASX:COL) Have A Healthy Balance Sheet?
Oct 31
These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well
Jul 02These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well
Apr 02Recent updates
Does Coles Group (ASX:COL) Have A Healthy Balance Sheet?
Oct 31Coles Group Limited (ASX:COL) Investors Are Less Pessimistic Than Expected
Sep 18Coles Group (ASX:COL) Is Due To Pay A Dividend Of A$0.32
Aug 29A Look At The Fair Value Of Coles Group Limited (ASX:COL)
Aug 24
Coles (ASX: COL): Safe, Steady, and Surprisingly Cheap
The supermarket chain Coles is the kind of “boring” business that may have been overlooked as an investment opportunity. Although it was divested from Wesfarmers in 2018, Coles’ heritage traces back tColes Group (ASX:COL) Shareholders Will Want The ROCE Trajectory To Continue
Aug 06These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well
Jul 02Some Shareholders Feeling Restless Over Coles Group Limited's (ASX:COL) P/E Ratio
Jun 02Estimating The Intrinsic Value Of Coles Group Limited (ASX:COL)
May 17Returns On Capital Are Showing Encouraging Signs At Coles Group (ASX:COL)
May 02If EPS Growth Is Important To You, Coles Group (ASX:COL) Presents An Opportunity
Apr 17These 4 Measures Indicate That Coles Group (ASX:COL) Is Using Debt Reasonably Well
Apr 02Coles Group Limited (ASX:COL) Released Earnings Last Week And Analysts Lifted Their Price Target To AU$20.31
Mar 02A Look At The Fair Value Of Coles Group Limited (ASX:COL)
Feb 11
Future Supply Chain Efficiency Will Improve Due To ADCs And CFCs Investments
Investments in digital assets and initiatives in distribution centers are expected to enhance e-commerce and supply chain efficiency, boosting revenue and reducing costs.Investor Optimism Abounds Coles Group Limited (ASX:COL) But Growth Is Lacking
Jan 24Here's Why We Think Coles Group (ASX:COL) Is Well Worth Watching
Jan 07Coles Group (ASX:COL) Might Be Having Difficulty Using Its Capital Effectively
Dec 20Financial Position Analysis
Short Term Liabilities: COL's short term assets (A$4.2B) do not cover its short term liabilities (A$6.9B).
Long Term Liabilities: COL's short term assets (A$4.2B) do not cover its long term liabilities (A$9.6B).
Debt to Equity History and Analysis
Debt Level: COL's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: COL's debt to equity ratio has increased from 51.7% to 52.1% over the past 5 years.
Debt Coverage: COL's debt is well covered by operating cash flow (148%).
Interest Coverage: COL's interest payments on its debt are well covered by EBIT (3.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/26 23:00 |
| End of Day Share Price | 2025/11/26 00:00 |
| Earnings | 2025/06/29 |
| Annual Earnings | 2025/06/29 |
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
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 Github.
Analyst Sources
Coles Group Limited is covered by 21 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.
| Analyst | Institution |
|---|---|
| Thomas Kierath | Barrenjoey Markets Pty Limited |
| Jonathan Snape | Bell Potter |
| David Errington | BofA Global Research |