Loblaw Companies Balance Sheet Health
Financial Health criteria checks 3/6
Loblaw Companies has a total shareholder equity of CA$11.5B and total debt of CA$8.8B, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are CA$39.3B and CA$27.8B respectively. Loblaw Companies's EBIT is CA$4.0B making its interest coverage ratio 5.9. It has cash and short-term investments of CA$1.5B.
Key information
76.2%
Debt to equity ratio
CA$8.75b
Debt
| Interest coverage ratio | 5.9x |
| Cash | CA$1.53b |
| Equity | CA$11.48b |
| Total liabilities | CA$27.79b |
| Total assets | CA$39.26b |
Recent financial health updates
Does Loblaw Companies (TSE:L) Have A Healthy Balance Sheet?
Oct 10
Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
Apr 17Recent updates
Loblaw Companies Limited's (TSE:L) Business Is Yet to Catch Up With Its Share Price
Nov 27Loblaw Companies (TSE:L) Shareholders Will Want The ROCE Trajectory To Continue
Oct 25Does Loblaw Companies (TSE:L) Have A Healthy Balance Sheet?
Oct 10Loblaw Companies Limited (TSE:L) Investors Are Less Pessimistic Than Expected
Aug 26Does Loblaw Companies (TSE:L) Deserve A Spot On Your Watchlist?
Jul 12Estimating The Intrinsic Value Of Loblaw Companies Limited (TSE:L)
Jun 23Loblaw Companies (TSE:L) Is Looking To Continue Growing Its Returns On Capital
Jun 09Loblaw Companies (TSE:L) Is Paying Out A Larger Dividend Than Last Year
May 07Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
Apr 17Pinning Down Loblaw Companies Limited's (TSE:L) P/E Is Difficult Right Now
Mar 30Here's Why We Think Loblaw Companies (TSE:L) Might Deserve Your Attention Today
Mar 12Returns On Capital Are Showing Encouraging Signs At Loblaw Companies (TSE:L)
Jan 09Unpleasant Surprises Could Be In Store For Loblaw Companies Limited's (TSE:L) Shares
Dec 25Financial Position Analysis
Short Term Liabilities: L's short term assets (CA$13.2B) exceed its short term liabilities (CA$10.3B).
Long Term Liabilities: L's short term assets (CA$13.2B) do not cover its long term liabilities (CA$17.5B).
Debt to Equity History and Analysis
Debt Level: L's net debt to equity ratio (62.9%) is considered high.
Reducing Debt: L's debt to equity ratio has increased from 69% to 76.2% over the past 5 years.
Debt Coverage: L's debt is well covered by operating cash flow (64.2%).
Interest Coverage: L's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/17 22:34 |
| End of Day Share Price | 2024/12/17 00:00 |
| Earnings | 2024/10/05 |
| Annual Earnings | 2023/12/30 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| 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 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
Loblaw Companies Limited is covered by 26 analysts. 8 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 |
|---|---|
| Jim Marrone | Accountability Research Corporation |
| James Durran | Barclays |
| Tamy Chen | BMO Capital Markets Equity Research |