Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $23.6B and total debt of $5.9B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $69.8B and $46.2B respectively. Costco Wholesale's EBIT is $9.3B making its interest coverage ratio -25.5. It has cash and short-term investments of $11.1B.
Key information
25.0%
Debt to equity ratio
US$5.90b
Debt
| Interest coverage ratio | -25.5x |
| Cash | US$11.14b |
| Equity | US$23.62b |
| Total liabilities | US$46.21b |
| Total assets | US$69.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTO0's short term assets ($34.2B) do not cover its short term liabilities ($35.5B).
Long Term Liabilities: CTO0's short term assets ($34.2B) exceed its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: CTO0 has more cash than its total debt.
Reducing Debt: CTO0's debt to equity ratio has reduced from 43.8% to 25% over the past 5 years.
Debt Coverage: CTO0's debt is well covered by operating cash flow (192.3%).
Interest Coverage: CTO0 earns more interest than it pays, so coverage of interest payments is not a concern.