Albertsons Companies Balance Sheet Health
Financial Health criteria checks 3/6
Albertsons Companies has a total shareholder equity of $2.9B and total debt of $7.4B, which brings its debt-to-equity ratio to 254.5%. Its total assets and total liabilities are $26.1B and $23.2B respectively. Albertsons Companies's EBIT is $2.2B making its interest coverage ratio 4.6. It has cash and short-term investments of $313.1M.
Key information
254.5%
Debt to equity ratio
US$7.41b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$313.10m |
| Equity | US$2.91b |
| Total liabilities | US$23.16b |
| Total assets | US$26.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27S's short term assets ($6.2B) do not cover its short term liabilities ($7.1B).
Long Term Liabilities: 27S's short term assets ($6.2B) do not cover its long term liabilities ($16.1B).
Debt to Equity History and Analysis
Debt Level: 27S's net debt to equity ratio (243.7%) is considered high.
Reducing Debt: 27S's debt to equity ratio has reduced from 444.6% to 254.5% over the past 5 years.
Debt Coverage: 27S's debt is well covered by operating cash flow (37.5%).
Interest Coverage: 27S's interest payments on its debt are well covered by EBIT (4.6x coverage).