Woolworths Group Balance Sheet Health
Financial Health criteria checks 2/6
Woolworths Group has a total shareholder equity of A$5.6B and total debt of A$4.6B, which brings its debt-to-equity ratio to 82.2%. Its total assets and total liabilities are A$33.9B and A$28.4B respectively. Woolworths Group's EBIT is A$3.1B making its interest coverage ratio 4.2. It has cash and short-term investments of A$1.3B.
Key information
82.2%
Debt to equity ratio
AU$4.58b
Debt
| Interest coverage ratio | 4.2x |
| Cash | AU$1.30b |
| Equity | AU$5.57b |
| Total liabilities | AU$28.37b |
| Total assets | AU$33.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WOLW.F's short term assets (A$7.0B) do not cover its short term liabilities (A$12.8B).
Long Term Liabilities: WOLW.F's short term assets (A$7.0B) do not cover its long term liabilities (A$15.5B).
Debt to Equity History and Analysis
Debt Level: WOLW.F's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: WOLW.F's debt to equity ratio has increased from 29.8% to 82.2% over the past 5 years.
Debt Coverage: WOLW.F's debt is well covered by operating cash flow (95.2%).
Interest Coverage: WOLW.F's interest payments on its debt are well covered by EBIT (4.2x coverage).