Core & Main Balance Sheet Health
Financial Health criteria checks 3/6
Core & Main has a total shareholder equity of $1.7B and total debt of $2.4B, which brings its debt-to-equity ratio to 141.5%. Its total assets and total liabilities are $6.1B and $4.4B respectively. Core & Main's EBIT is $710.0M making its interest coverage ratio 6.3. It has cash and short-term investments of $13.0M.
Key information
141.5%
Debt to equity ratio
US$2.43b
Debt
| Interest coverage ratio | 6.3x |
| Cash | US$13.00m |
| Equity | US$1.72b |
| Total liabilities | US$4.38b |
| Total assets | US$6.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNM's short term assets ($2.3B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: CNM's short term assets ($2.3B) do not cover its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: CNM's net debt to equity ratio (140.8%) is considered high.
Reducing Debt: Insufficient data to determine if CNM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CNM's debt is well covered by operating cash flow (32.6%).
Interest Coverage: CNM's interest payments on its debt are well covered by EBIT (6.3x coverage).