Albertsons Companies Balance Sheet Health
Financial Health criteria checks 3/6
Albertsons Companies has a total shareholder equity of $2.7B and total debt of $7.6B, which brings its debt-to-equity ratio to 276.9%. Its total assets and total liabilities are $26.2B and $23.5B respectively. Albertsons Companies's EBIT is $2.4B making its interest coverage ratio 4.8. It has cash and short-term investments of $212.0M.
Key information
276.9%
Debt to equity ratio
US$7.61b
Debt
| Interest coverage ratio | 4.8x |
| Cash | US$212.00m |
| Equity | US$2.75b |
| Total liabilities | US$23.47b |
| Total assets | US$26.22b |
Recent financial health updates
No updates
Recent updates
Albertsons Companies: As Merger Woes Mount, Things Get Interesting
Apr 23Albertsons Investment Prospects After FTC Blocks Kroger Buyout
Feb 29Albertsons-Kroger And 15 Other Merger Arbitrage Opportunities With Wide Spreads
Jan 09Kroger Vs. Albertsons: Merger Of Grocery Titans Makes One A Better Deal Based On Value
Dec 29Supermarket Chain Albertsons Rated Hold Until Kroger Merger Completes
Nov 27Albertsons And Kroger Will Not Likely Merge As Planned
Sep 22Kroger And Albertsons Offer A Tasty Opportunity That's Hard To Ignore
Sep 10Albertsons: 25% Arbitrage Upside In Merger With Kroger
Aug 11Albertsons Companies: The Kroger Merger Will Potentially Transform The Company
Jul 12Albertsons Companies (NYSE:ACI) Shareholders Will Want The ROCE Trajectory To Continue
Apr 13
Albertsons Companies proposes $750M senior notes offering
Feb 06The Albertsons/Kroger Merger Is In Jeopardy
Jan 25Albertsons Companies shares payment date for $6.85 special dividend
Jan 19Albertsons Companies Non-GAAP EPS of $0.87 beats by $0.20, revenue of $18.15B beats by $550M
Jan 10Albertsons: Merger With Kroger Still Offers Upside Potential
Nov 15State AGs call for Albertsons to stop payment of special dividend for Kroger deal
Oct 26Albertsons jumps on report in talks to combine with Kroger
Oct 13Albertsons Companies partners with WinnCompanies
Sep 15Albertsons gains after as sponsor lock-up expiration extended until earnings next month
Sep 09Albertsons: A Better Future Ahead With Or Without M&A
Sep 01We Like These Underlying Return On Capital Trends At Albertsons Companies (NYSE:ACI)
Aug 25Albertsons ticks higher on Ahold takeover speculation
Aug 08Does Albertsons Companies (NYSE:ACI) Deserve A Spot On Your Watchlist?
Aug 02Financial Position Analysis
Short Term Liabilities: ACI's short term assets ($6.3B) do not cover its short term liabilities ($7.5B).
Long Term Liabilities: ACI's short term assets ($6.3B) do not cover its long term liabilities ($16.0B).
Debt to Equity History and Analysis
Debt Level: ACI's net debt to equity ratio (269.2%) is considered high.
Reducing Debt: ACI's debt to equity ratio has reduced from 675.7% to 276.9% over the past 5 years.
Debt Coverage: ACI's debt is well covered by operating cash flow (35%).
Interest Coverage: ACI's interest payments on its debt are well covered by EBIT (4.8x coverage).