McDonald's Balance Sheet Health
Financial Health criteria checks 2/6
McDonald's has a total shareholder equity of $-4.8B and total debt of $37.4B, which brings its debt-to-equity ratio to -774.5%. Its total assets and total liabilities are $53.5B and $58.3B respectively. McDonald's's EBIT is $11.8B making its interest coverage ratio 9.8. It has cash and short-term investments of $838.0M.
Key information
-774.5%
Debt to equity ratio
US$37.43b
Debt
Interest coverage ratio | 9.8x |
Cash | US$838.00m |
Equity | -US$4.83b |
Total liabilities | US$58.35b |
Total assets | US$53.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MDOD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MDOD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MDOD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MDOD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MDOD's debt is well covered by operating cash flow (25.6%).
Interest Coverage: MDOD's interest payments on its debt are well covered by EBIT (9.8x coverage).