Metcash Balance Sheet Health
Financial Health criteria checks 5/6
Metcash has a total shareholder equity of A$1.1B and total debt of A$426.3M, which brings its debt-to-equity ratio to 37.2%. Its total assets and total liabilities are A$5.8B and A$4.7B respectively. Metcash's EBIT is A$459.7M making its interest coverage ratio 6.6. It has cash and short-term investments of A$96.9M.
Key information
37.2%
Debt to equity ratio
AU$426.30m
Debt
| Interest coverage ratio | 6.6x |
| Cash | AU$96.90m |
| Equity | AU$1.15b |
| Total liabilities | AU$4.67b |
| Total assets | AU$5.81b |
Recent financial health updates
Here's Why Metcash (ASX:MTS) Can Manage Its Debt Responsibly
Aug 28
Does Metcash (ASX:MTS) Have A Healthy Balance Sheet?
Dec 21These 4 Measures Indicate That Metcash (ASX:MTS) Is Using Debt Reasonably Well
Aug 05Metcash (ASX:MTS) Has A Pretty Healthy Balance Sheet
Mar 26Recent updates
Little Excitement Around Metcash Limited's (ASX:MTS) Earnings
Feb 14Returns On Capital At Metcash (ASX:MTS) Have Hit The Brakes
Jan 09Metcash's (ASX:MTS) Dividend Will Be A$0.11
Dec 11Is Now The Time To Put Metcash (ASX:MTS) On Your Watchlist?
Nov 07Investors Met With Slowing Returns on Capital At Metcash (ASX:MTS)
Sep 29Here's Why Metcash (ASX:MTS) Can Manage Its Debt Responsibly
Aug 28Metcash's (ASX:MTS) Dividend Will Be A$0.11
Jun 29Return Trends At Metcash (ASX:MTS) Aren't Appealing
Jun 15A Look At The Fair Value Of Metcash Limited (ASX:MTS)
May 19Metcash (ASX:MTS) Has Some Way To Go To Become A Multi-Bagger
Mar 16A Look At The Intrinsic Value Of Metcash Limited (ASX:MTS)
Jan 03Does Metcash (ASX:MTS) Have A Healthy Balance Sheet?
Dec 21Metcash's (ASX:MTS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 07The Returns At Metcash (ASX:MTS) Aren't Growing
Nov 25Metcash Limited's (ASX:MTS) Intrinsic Value Is Potentially 72% Above Its Share Price
Oct 01Here's What To Make Of Metcash's (ASX:MTS) Decelerating Rates Of Return
Aug 20These 4 Measures Indicate That Metcash (ASX:MTS) Is Using Debt Reasonably Well
Aug 05Is There An Opportunity With Metcash Limited's (ASX:MTS) 38% Undervaluation?
Jun 30Metcash (ASX:MTS) Is Looking To Continue Growing Its Returns On Capital
May 17Metcash (ASX:MTS) Has A Pretty Healthy Balance Sheet
Mar 26Metcash (ASX:MTS) Shareholders Will Want The ROCE Trajectory To Continue
Feb 15Is There An Opportunity With Metcash Limited's (ASX:MTS) 29% Undervaluation?
Feb 03Metcash (ASX:MTS) Has Announced That It Will Be Increasing Its Dividend To AU$0.10
Dec 10Metcash Limited's (ASX:MTS) Intrinsic Value Is Potentially 59% Above Its Share Price
Oct 30Metcash (ASX:MTS) Has Some Way To Go To Become A Multi-Bagger
Oct 07We Think Shareholders Will Probably Be Generous With Metcash Limited's (ASX:MTS) CEO Compensation
Aug 25The Returns At Metcash (ASX:MTS) Aren't Growing
May 26Should You Buy Metcash Limited (ASX:MTS) For Its Dividend?
Mar 29Metcash Limited (ASX:MTS) Shares Could Be 48% Below Their Intrinsic Value Estimate
Mar 11Should You Use Metcash's (ASX:MTS) Statutory Earnings To Analyse It?
Feb 21
Financial Position Analysis
Short Term Liabilities: MTS's short term assets (A$3.5B) exceed its short term liabilities (A$3.2B).
Long Term Liabilities: MTS's short term assets (A$3.5B) exceed its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: MTS's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: MTS's debt to equity ratio has increased from 16.1% to 37.2% over the past 5 years.
Debt Coverage: MTS's debt is well covered by operating cash flow (117.5%).
Interest Coverage: MTS's interest payments on its debt are well covered by EBIT (6.6x coverage).