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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 62M's short term assets (CA$2.4B) exceed its short term liabilities (CA$2.2B).
Long Term Liabilities: 62M'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: 62M's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: 62M's debt to equity ratio has reduced from 45.6% to 40.5% over the past 5 years.
Debt Coverage: 62M's debt is well covered by operating cash flow (56.1%).
Interest Coverage: 62M's interest payments on its debt are well covered by EBIT (10.4x coverage).