Molson Coors Beverage Balance Sheet Health
Financial Health criteria checks 4/6
Molson Coors Beverage has a total shareholder equity of $13.6B and total debt of $6.3B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are $26.6B and $13.1B respectively. Molson Coors Beverage's EBIT is $1.7B making its interest coverage ratio 7.3. It has cash and short-term investments of $1.0B.
Key information
46.8%
Debt to equity ratio
US$6.34b
Debt
| Interest coverage ratio | 7.3x |
| Cash | US$1.02b |
| Equity | US$13.57b |
| Total liabilities | US$13.07b |
| Total assets | US$26.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K2K's short term assets ($3.2B) do not cover its short term liabilities ($3.2B).
Long Term Liabilities: 0K2K's short term assets ($3.2B) do not cover its long term liabilities ($9.8B).
Debt to Equity History and Analysis
Debt Level: 0K2K's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: 0K2K's debt to equity ratio has reduced from 69.6% to 46.8% over the past 5 years.
Debt Coverage: 0K2K's debt is well covered by operating cash flow (29.8%).
Interest Coverage: 0K2K's interest payments on its debt are well covered by EBIT (7.3x coverage).