Albertsons Companies Balance Sheet Health
Financial Health criteria checks 4/6
Albertsons Companies has a total shareholder equity of $5.0B and total debt of $7.4B, which brings its debt-to-equity ratio to 147.9%. Its total assets and total liabilities are $28.8B and $23.8B respectively. Albertsons Companies's EBIT is $2.6B making its interest coverage ratio 5.8. It has cash and short-term investments of $3.4B.
Key information
147.9%
Debt to equity ratio
US$7.39b
Debt
| Interest coverage ratio | 5.8x |
| Cash | US$3.41b |
| Equity | US$5.00b |
| Total liabilities | US$23.75b |
| Total assets | US$28.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27S's short term assets ($9.3B) exceed its short term liabilities ($8.2B).
Long Term Liabilities: 27S's short term assets ($9.3B) do not cover its long term liabilities ($15.5B).
Debt to Equity History and Analysis
Debt Level: 27S's net debt to equity ratio (79.7%) is considered high.
Reducing Debt: 27S's debt to equity ratio has reduced from 1848.6% to 147.9% over the past 5 years.
Debt Coverage: 27S's debt is well covered by operating cash flow (41%).
Interest Coverage: 27S's interest payments on its debt are well covered by EBIT (5.8x coverage).