Costco Wholesale Balance Sheet Health
Financial Health criteria checks 5/6
Costco Wholesale has a total shareholder equity of $21.8B and total debt of $6.9B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are $67.9B and $46.1B respectively. Costco Wholesale's EBIT is $9.0B making its interest coverage ratio -21.5. It has cash and short-term investments of $11.5B.
Key information
31.7%
Debt to equity ratio
US$6.91b
Debt
| Interest coverage ratio | -21.5x |
| Cash | US$11.50b |
| Equity | US$21.77b |
| Total liabilities | US$46.14b |
| Total assets | US$67.91b |
Recent financial health updates
Is Costco Wholesale (NASDAQ:COST) A Risky Investment?
Jul 29
We Think Costco Wholesale (NASDAQ:COST) Can Manage Its Debt With Ease
Mar 27Recent updates
How Costco's Membership Fee Hike Makes A New Special (And Higher) Dividend Likely
Jul 29Is Costco Wholesale (NASDAQ:COST) A Risky Investment?
Jul 29Costco Reminds Me Of Coca-Cola's Major Top In 1998
Jul 21Calculating The Fair Value Of Costco Wholesale Corporation (NASDAQ:COST)
Jul 17Returns on Capital Paint A Bright Future For Costco Wholesale (NASDAQ:COST)
Jul 05Costco Is Still Dead Money
Jul 01Why Costco Excels In A Tough Environment
Jun 20Here's Why We Think Costco Wholesale (NASDAQ:COST) Is Well Worth Watching
Jun 10Costco: Beware Of Shorting This Momentum Stock
Jun 07Costco Q3: Strong E-Commerce Growth Driven By Discretionary Purchases
May 31Costco: The Multiple Expansion Train Marches On (Rating Downgrade)
May 19Costco Wholesale Corporation's (NASDAQ:COST) Shareholders Might Be Looking For Exit
May 14Costco: Looking Overvalued, Maybe Time To Checkout?
Apr 26Costco 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 12Financial Position Analysis
Short Term Liabilities: COST's short term assets ($33.3B) do not cover its short term liabilities ($35.4B).
Long Term Liabilities: COST's short term assets ($33.3B) exceed its long term liabilities ($10.8B).
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 43.8% to 31.7% over the past 5 years.
Debt Coverage: COST's debt is well covered by operating cash flow (175.2%).
Interest Coverage: COST earns more interest than it pays, so coverage of interest payments is not a concern.