Alimentation Couche-Tard Balance Sheet Health
Financial Health criteria checks 5/6
Alimentation Couche-Tard has a total shareholder equity of $12.4B and total debt of $5.9B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are $29.4B and $16.9B respectively. Alimentation Couche-Tard's EBIT is $3.8B making its interest coverage ratio 13.6. It has cash and short-term investments of $2.2B.
Key information
47.7%
Debt to equity ratio
US$5.93b
Debt
| Interest coverage ratio | 13.6x |
| Cash | US$2.22b |
| Equity | US$12.42b |
| Total liabilities | US$16.93b |
| Total assets | US$29.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ATD N's short term assets ($7.4B) exceed its short term liabilities ($5.9B).
Long Term Liabilities: ATD N's short term assets ($7.4B) do not cover its long term liabilities ($11.0B).
Debt to Equity History and Analysis
Debt Level: ATD N's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: ATD N's debt to equity ratio has reduced from 118.8% to 47.7% over the past 5 years.
Debt Coverage: ATD N's debt is well covered by operating cash flow (64.5%).
Interest Coverage: ATD N's interest payments on its debt are well covered by EBIT (13.6x coverage).