Alimentation Couche-Tard Balance Sheet Health
Financial Health criteria checks 2/6
Alimentation Couche-Tard has a total shareholder equity of $13.3B and total debt of $10.7B, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are $36.2B and $22.9B respectively. Alimentation Couche-Tard's EBIT is $4.1B making its interest coverage ratio 12.9. It has cash and short-term investments of $1.6B.
Key information
80.0%
Debt to equity ratio
US$10.68b
Debt
Interest coverage ratio | 12.9x |
Cash | US$1.63b |
Equity | US$13.35b |
Total liabilities | US$22.89b |
Total assets | US$36.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANCT.F's short term assets ($7.1B) do not cover its short term liabilities ($8.2B).
Long Term Liabilities: ANCT.F's short term assets ($7.1B) do not cover its long term liabilities ($14.7B).
Debt to Equity History and Analysis
Debt Level: ANCT.F's net debt to equity ratio (67.8%) is considered high.
Reducing Debt: ANCT.F's debt to equity ratio has increased from 79.5% to 80% over the past 5 years.
Debt Coverage: ANCT.F's debt is well covered by operating cash flow (44.2%).
Interest Coverage: ANCT.F's interest payments on its debt are well covered by EBIT (12.9x coverage).