Cencora Balance Sheet Health
Financial Health criteria checks 3/6
Cencora has a total shareholder equity of $1.2B and total debt of $5.2B, which brings its debt-to-equity ratio to 427.8%. Its total assets and total liabilities are $63.9B and $62.6B respectively. Cencora's EBIT is $2.8B making its interest coverage ratio 12.7. It has cash and short-term investments of $2.1B.
Key information
427.8%
Debt to equity ratio
US$5.25b
Debt
Interest coverage ratio | 12.7x |
Cash | US$2.07b |
Equity | US$1.23b |
Total liabilities | US$62.64b |
Total assets | US$63.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABG's short term assets ($44.2B) do not cover its short term liabilities ($49.8B).
Long Term Liabilities: ABG's short term assets ($44.2B) exceed its long term liabilities ($12.9B).
Debt to Equity History and Analysis
Debt Level: ABG's net debt to equity ratio (259.2%) is considered high.
Reducing Debt: ABG's debt to equity ratio has increased from 152.8% to 427.8% over the past 5 years.
Debt Coverage: ABG's debt is well covered by operating cash flow (49.1%).
Interest Coverage: ABG's interest payments on its debt are well covered by EBIT (12.7x coverage).