CDW Balance Sheet Health
Financial Health criteria checks 5/6
CDW has a total shareholder equity of $2.2B and total debt of $6.0B, which brings its debt-to-equity ratio to 277.4%. Its total assets and total liabilities are $13.6B and $11.5B respectively. CDW's EBIT is $1.7B making its interest coverage ratio 8. It has cash and short-term investments of $665.3M.
Key information
277.4%
Debt to equity ratio
US$6.03b
Debt
| Interest coverage ratio | 8x |
| Cash | US$665.30m |
| Equity | US$2.17b |
| Total liabilities | US$11.46b |
| Total assets | US$13.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CDW's short term assets ($7.0B) exceed its short term liabilities ($6.2B).
Long Term Liabilities: CDW's short term assets ($7.0B) exceed its long term liabilities ($5.3B).
Debt to Equity History and Analysis
Debt Level: CDW's net debt to equity ratio (246.8%) is considered high.
Reducing Debt: CDW's debt to equity ratio has reduced from 400% to 277.4% over the past 5 years.
Debt Coverage: CDW's debt is well covered by operating cash flow (26.4%).
Interest Coverage: CDW's interest payments on its debt are well covered by EBIT (8x coverage).