Metcash Balance Sheet Health
Financial Health criteria checks 5/6
Metcash has a total shareholder equity of A$1.5B and total debt of A$349.2M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are A$5.8B and A$4.3B respectively. Metcash's EBIT is A$457.5M making its interest coverage ratio 5.9. It has cash and short-term investments of A$97.3M.
Key information
22.8%
Debt to equity ratio
AU$349.20m
Debt
| Interest coverage ratio | 5.9x |
| Cash | AU$97.30m |
| Equity | AU$1.53b |
| Total liabilities | AU$4.27b |
| Total assets | AU$5.80b |
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
Metcash's (ASX:MTS) Returns Have Hit A Wall
Sep 25Metcash (ASX:MTS) Will Pay A Smaller Dividend Than Last Year
Jul 15We Think That There Are Some Issues For Metcash (ASX:MTS) Beyond Its Promising Earnings
Jul 05Is There An Opportunity With Metcash Limited's (ASX:MTS) 37% Undervaluation?
May 02Little 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 30Financial Position Analysis
Short Term Liabilities: MTS's short term assets (A$3.3B) exceed its short term liabilities (A$2.9B).
Long Term Liabilities: MTS's short term assets (A$3.3B) exceed its long term liabilities (A$1.4B).
Debt to Equity History and Analysis
Debt Level: MTS's net debt to equity ratio (16.5%) is considered satisfactory.
Reducing Debt: MTS's debt to equity ratio has increased from 14.2% to 22.8% over the past 5 years.
Debt Coverage: MTS's debt is well covered by operating cash flow (138.2%).
Interest Coverage: MTS's interest payments on its debt are well covered by EBIT (5.9x coverage).