Loblaw Companies Balance Sheet Health
Financial Health criteria checks 3/6
Loblaw Companies has a total shareholder equity of CA$11.6B and total debt of CA$8.7B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are CA$39.0B and CA$27.4B respectively. Loblaw Companies's EBIT is CA$3.6B making its interest coverage ratio 5.4. It has cash and short-term investments of CA$2.0B.
Key information
75.0%
Debt to equity ratio
CA$8.72b
Debt
| Interest coverage ratio | 5.4x |
| Cash | CA$1.95b |
| Equity | CA$11.62b |
| Total liabilities | CA$27.36b |
| Total assets | CA$38.98b |
Recent financial health updates
Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
Apr 17
These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Nov 14Here's Why Loblaw Companies (TSE:L) Can Manage Its Debt Responsibly
Aug 04Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
May 03These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Jan 26These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Aug 01Recent updates
Loblaw 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 25Estimating The Fair Value Of Loblaw Companies Limited (TSE:L)
Dec 04These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Nov 14Loblaw Companies Limited's (TSE:L) Intrinsic Value Is Potentially 44% Above Its Share Price
Aug 19Here's Why Loblaw Companies (TSE:L) Can Manage Its Debt Responsibly
Aug 04Loblaw Companies (TSE:L) Might Have The Makings Of A Multi-Bagger
Jul 03Loblaw Companies Limited (TSE:L) Shares Could Be 34% Below Their Intrinsic Value Estimate
May 18Loblaw Companies (TSE:L) Has A Pretty Healthy Balance Sheet
May 03Loblaw Companies (TSE:L) Is Experiencing Growth In Returns On Capital
Apr 04These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Jan 26Here's Why Loblaw Companies (TSE:L) Has Caught The Eye Of Investors
Jan 14Loblaw Companies' (TSE:L) Returns On Capital Are Heading Higher
Jan 02Loblaw Companies Limited's (TSE:L) Intrinsic Value Is Potentially 94% Above Its Share Price
Nov 02With EPS Growth And More, Loblaw Companies (TSE:L) Makes An Interesting Case
Aug 15These 4 Measures Indicate That Loblaw Companies (TSE:L) Is Using Debt Reasonably Well
Aug 01Are Investors Undervaluing Loblaw Companies Limited (TSE:L) By 46%?
Jul 19The Return Trends At Loblaw Companies (TSE:L) Look Promising
Jul 07Loblaw Companies (TSE:L) Is Paying Out A Larger Dividend Than Last Year
May 08Here's Why I Think Loblaw Companies (TSE:L) Might Deserve Your Attention Today
Apr 29Is Loblaw Companies (TSE:L) Using Too Much Debt?
Apr 16We Like These Underlying Return On Capital Trends At Loblaw Companies (TSE:L)
Apr 04Is Loblaw Companies Limited (TSE:L) Worth CA$110 Based On Its Intrinsic Value?
Mar 23Financial Position Analysis
Short Term Liabilities: L's short term assets (CA$13.6B) exceed its short term liabilities (CA$10.8B).
Long Term Liabilities: L's short term assets (CA$13.6B) 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 increased from 69.4% to 75% over the past 5 years.
Debt Coverage: L's debt is well covered by operating cash flow (64.9%).
Interest Coverage: L's interest payments on its debt are well covered by EBIT (5.4x coverage).