Loblaw Companies Financial Health
How is Loblaw Companies's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: L's short term assets (CA$13.0B) exceed its short term liabilities (CA$9.7B).
Long Term Liabilities: L's short term assets (CA$13.0B) do not cover its long term liabilities (CA$16.5B).
Debt to Equity History and Analysis
Debt Level: L's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: L's debt to equity ratio has reduced from 84.4% to 73.1% over the past 5 years.
Debt Coverage: L's debt is well covered by operating cash flow (55.2%).
Interest Coverage: L's interest payments on its debt are well covered by EBIT (4.7x coverage).