Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $21.8B and total debt of $6.9B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are $67.9B and $46.1B respectively. Costco Wholesale's EBIT is $9.0B making its interest coverage ratio -21.5. It has cash and short-term investments of $11.5B.
Key information
31.7%
Debt to equity ratio
US$6.91b
Debt
Interest coverage ratio | -21.5x |
Cash | US$11.50b |
Equity | US$21.77b |
Total liabilities | US$46.14b |
Total assets | US$67.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTO's short term assets ($33.3B) do not cover its short term liabilities ($35.4B).
Long Term Liabilities: CTO's short term assets ($33.3B) exceed its long term liabilities ($10.8B).
Debt to Equity History and Analysis
Debt Level: CTO has more cash than its total debt.
Reducing Debt: CTO's debt to equity ratio has reduced from 43.8% to 31.7% over the past 5 years.
Debt Coverage: CTO's debt is well covered by operating cash flow (175.2%).
Interest Coverage: CTO earns more interest than it pays, so coverage of interest payments is not a concern.