Loblaw Companies Financial Health

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 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).

• Healthy companies in the Consumer Retailing industry.