Metro Balance Sheet Health
Financial Health criteria checks 5/6
Metro has a total shareholder equity of CA$7.0B and total debt of CA$2.7B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are CA$14.1B and CA$7.1B respectively. Metro's EBIT is CA$1.4B making its interest coverage ratio 9.3. It has cash and short-term investments of CA$29.4M.
Key information
38.0%
Debt to equity ratio
CA$2.68b
Debt
| Interest coverage ratio | 9.3x |
| Cash | CA$29.40m |
| Equity | CA$7.04b |
| Total liabilities | CA$7.10b |
| Total assets | CA$14.14b |
Recent financial health updates
These 4 Measures Indicate That Metro (TSE:MRU) Is Using Debt Reasonably Well
Oct 28
Here's Why Metro (TSE:MRU) Can Manage Its Debt Responsibly
Jun 28Is Metro (TSE:MRU) Using Too Much Debt?
Feb 26Recent updates
Estimating The Fair Value Of Metro Inc. (TSE:MRU)
Dec 11Return Trends At Metro (TSE:MRU) Aren't Appealing
Nov 15These 4 Measures Indicate That Metro (TSE:MRU) Is Using Debt Reasonably Well
Oct 28Estimating The Fair Value Of Metro Inc. (TSE:MRU)
Sep 04Earnings Update: Metro Inc. (TSE:MRU) Just Reported Its Third-Quarter Results And Analysts Are Updating Their Forecasts
Aug 17Metro (TSE:MRU) Has More To Do To Multiply In Value Going Forward
Aug 02Do Metro's (TSE:MRU) Earnings Warrant Your Attention?
Jul 15Here's Why Metro (TSE:MRU) Can Manage Its Debt Responsibly
Jun 28A Look At The Intrinsic Value Of Metro Inc. (TSE:MRU)
May 29Returns Are Gaining Momentum At Metro (TSE:MRU)
Apr 17Getting In Cheap On Metro Inc. (TSE:MRU) Is Unlikely
Apr 01Is Metro (TSE:MRU) Using Too Much Debt?
Feb 26The CEO Of Metro Inc. (TSE:MRU) Might See A Pay Rise On The Horizon
Jan 24The Return Trends At Metro (TSE:MRU) Look Promising
Jan 17We Ran A Stock Scan For Earnings Growth And Metro (TSE:MRU) Passed With Ease
Jan 02Financial Position Analysis
Short Term Liabilities: MRU's short term assets (CA$2.5B) exceed its short term liabilities (CA$2.3B).
Long Term Liabilities: MRU's short term assets (CA$2.5B) do not cover its long term liabilities (CA$4.8B).
Debt to Equity History and Analysis
Debt Level: MRU's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: MRU's debt to equity ratio has reduced from 44.2% to 38% over the past 5 years.
Debt Coverage: MRU's debt is well covered by operating cash flow (62.8%).
Interest Coverage: MRU's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:34 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
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 |
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| 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
Metro Inc. is covered by 23 analysts. 9 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 |