Cencora Balance Sheet Health
Financial Health criteria checks 3/6
Cencora has a total shareholder equity of $1.1B and total debt of $4.8B, which brings its debt-to-equity ratio to 450.3%. Its total assets and total liabilities are $64.7B and $63.6B respectively. Cencora's EBIT is $2.7B making its interest coverage ratio 11.9. It has cash and short-term investments of $2.9B.
Key information
450.3%
Debt to equity ratio
US$4.78b
Debt
Interest coverage ratio | 11.9x |
Cash | US$2.87b |
Equity | US$1.06b |
Total liabilities | US$63.63b |
Total assets | US$64.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HF3's short term assets ($44.9B) do not cover its short term liabilities ($50.8B).
Long Term Liabilities: 0HF3's short term assets ($44.9B) exceed its long term liabilities ($12.9B).
Debt to Equity History and Analysis
Debt Level: 0HF3's net debt to equity ratio (179.6%) is considered high.
Reducing Debt: 0HF3's debt to equity ratio has increased from 147.7% to 450.3% over the past 5 years.
Debt Coverage: 0HF3's debt is well covered by operating cash flow (85.5%).
Interest Coverage: 0HF3's interest payments on its debt are well covered by EBIT (11.9x coverage).