Metro Balance Sheet Health
Financial Health criteria checks 4/6
Metro has a total shareholder equity of CA$6.9B and total debt of CA$2.8B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are CA$13.9B and CA$7.0B respectively. Metro's EBIT is CA$1.4B making its interest coverage ratio 10.4. It has cash and short-term investments of CA$500.0K.
Key information
40.5%
Debt to equity ratio
CA$2.78b
Debt
| Interest coverage ratio | 10.4x |
| Cash | CA$500.00k |
| Equity | CA$6.87b |
| Total liabilities | CA$7.02b |
| Total assets | CA$13.89b |
Recent financial health updates
Is Metro (TSE:MRU) Using Too Much Debt?
Feb 26
Is Metro (TSE:MRU) Using Too Much Debt?
Nov 03Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Jul 27Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Apr 22Is Metro (TSE:MRU) A Risky Investment?
Jan 06Metro (TSE:MRU) Seems To Use Debt Quite Sensibly
Sep 07Recent updates
Returns 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 02Some Shareholders Feeling Restless Over Metro Inc.'s (TSE:MRU) P/E Ratio
Dec 18Estimating The Fair Value Of Metro Inc. (TSE:MRU)
Dec 01Is Metro (TSE:MRU) Using Too Much Debt?
Nov 03Returns At Metro (TSE:MRU) Are On The Way Up
Oct 19Metro (TSE:MRU) Ticks All The Boxes When It Comes To Earnings Growth
Sep 22Metro Inc. (TSE:MRU) Shares Could Be 43% Below Their Intrinsic Value Estimate
Aug 23Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Jul 27Slowing Rates Of Return At Metro (TSE:MRU) Leave Little Room For Excitement
Jul 11Here's Why We Think Metro (TSE:MRU) Is Well Worth Watching
Jun 13Are Investors Undervaluing Metro Inc. (TSE:MRU) By 21%?
May 17Does Metro (TSE:MRU) Have A Healthy Balance Sheet?
Apr 22Metro's (TSE:MRU) Upcoming Dividend Will Be Larger Than Last Year's
Jan 28Is Metro (TSE:MRU) A Risky Investment?
Jan 06With EPS Growth And More, Metro (TSE:MRU) Makes An Interesting Case
Nov 17Metro (TSE:MRU) Seems To Use Debt Quite Sensibly
Sep 07Estimating The Intrinsic Value Of Metro Inc. (TSE:MRU)
Aug 25Does Metro (TSE:MRU) Deserve A Spot On Your Watchlist?
Aug 12Metro (TSE:MRU) Seems To Use Debt Quite Sensibly
May 29A Look At The Fair Value Of Metro Inc. (TSE:MRU)
May 14Metro (TSE:MRU) Has A Pretty Healthy Balance Sheet
Feb 16Metro's (TSE:MRU) Upcoming Dividend Will Be Larger Than Last Year's
Jan 29Shareholders Will Likely Find Metro Inc.'s (TSE:MRU) CEO Compensation Acceptable
Jan 20Financial Position Analysis
Short Term Liabilities: MRU's short term assets (CA$2.4B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: MRU's short term assets (CA$2.4B) do not cover its long term liabilities (CA$4.9B).
Debt to Equity History and Analysis
Debt Level: MRU's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: MRU's debt to equity ratio has reduced from 45.6% to 40.5% over the past 5 years.
Debt Coverage: MRU's debt is well covered by operating cash flow (56.1%).
Interest Coverage: MRU's interest payments on its debt are well covered by EBIT (10.4x coverage).