CDW Balance Sheet Health
Financial Health criteria checks 5/6
CDW has a total shareholder equity of $2.3B and total debt of $6.4B, which brings its debt-to-equity ratio to 271.9%. Its total assets and total liabilities are $14.4B and $12.0B respectively. CDW's EBIT is $1.7B making its interest coverage ratio 8.2. It has cash and short-term investments of $1.2B.
Key information
271.9%
Debt to equity ratio
US$6.39b
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$1.16b |
| Equity | US$2.35b |
| Total liabilities | US$12.03b |
| Total assets | US$14.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDW's short term assets ($7.7B) exceed its short term liabilities ($5.5B).
Long Term Liabilities: CDW's short term assets ($7.7B) exceed its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: CDW's net debt to equity ratio (222.6%) is considered high.
Reducing Debt: CDW's debt to equity ratio has reduced from 395.3% to 271.9% over the past 5 years.
Debt Coverage: CDW's debt is well covered by operating cash flow (23%).
Interest Coverage: CDW's interest payments on its debt are well covered by EBIT (8.2x coverage).