Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $20.8B and total debt of $6.9B, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are $66.3B and $45.6B respectively. Costco Wholesale's EBIT is $8.9B making its interest coverage ratio -20.2. It has cash and short-term investments of $10.3B.
Key information
33.5%
Debt to equity ratio
US$6.95b
Debt
| Interest coverage ratio | -20.2x |
| Cash | US$10.32b |
| Equity | US$20.76b |
| Total liabilities | US$45.56b |
| Total assets | US$66.32b |
Recent financial health updates
We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease
Mar 27
Does Costco Wholesale (NASDAQ:COST) Have A Healthy Balance Sheet?
Dec 04We Think Costco Wholesale (NASDAQ:COST) Can Stay On Top Of Its Debt
Aug 28Recent updates
Costco Is The Constant Grower Your Portfolio Needs
Apr 15Costco Wholesale Corporation's (NASDAQ:COST) Intrinsic Value Is Potentially 40% Above Its Share Price
Apr 08Costco: The Stock Is A Buy After Recent Correction
Apr 05Costco: Should The Magnificent 7 Be Expanded?
Mar 28We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease
Mar 27Costco: Wonderful Business, Awful Price (Rating Downgrade)
Mar 14Costco Wholesale Corporation Just Recorded A 8.5% EPS Beat: Here's What Analysts Are Forecasting Next
Mar 09Costco Q2 Earnings: Membership Fee Unchanged As Sales Strength Continues
Mar 08Costco: Why The Stock Still Has Room To Run
Feb 29Many Would Be Envious Of Costco Wholesale's (NASDAQ:COST) Excellent Returns On Capital
Feb 26If EPS Growth Is Important To You, Costco Wholesale (NASDAQ:COST) Presents An Opportunity
Feb 14Costco: The Retailer May Have Gotten Ahead Of Itself
Feb 09Costco Wholesale Corporation's (NASDAQ:COST) Share Price Not Quite Adding Up
Feb 02Contrarian View: Why Now Might Not Be The Time For Costco Stock
Jan 26Costco Q1: A Dividend Stock To Buy And Hold No Matter What (Rating Upgrade)
Jan 12Does Costco Wholesale (NASDAQ:COST) Have A Healthy Balance Sheet?
Dec 04Shareholders Are Optimistic That Costco Wholesale (NASDAQ:COST) Will Multiply In Value
Nov 20Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)
Nov 06With EPS Growth And More, Costco Wholesale (NASDAQ:COST) Makes An Interesting Case
Oct 25We Think Costco Wholesale (NASDAQ:COST) Can Stay On Top Of Its Debt
Aug 28Financial Position Analysis
Short Term Liabilities: COST's short term assets ($32.1B) do not cover its short term liabilities ($34.7B).
Long Term Liabilities: COST's short term assets ($32.1B) exceed its long term liabilities ($10.9B).
Debt to Equity History and Analysis
Debt Level: COST has more cash than its total debt.
Reducing Debt: COST's debt to equity ratio has reduced from 45.7% to 33.5% over the past 5 years.
Debt Coverage: COST's debt is well covered by operating cash flow (153.3%).
Interest Coverage: COST earns more interest than it pays, so coverage of interest payments is not a concern.