McDonald's Balance Sheet Health
Financial Health criteria checks 2/6
McDonald's has a total shareholder equity of $-4.7B and total debt of $39.4B, which brings its debt-to-equity ratio to -837.3%. Its total assets and total liabilities are $56.1B and $60.9B respectively. McDonald's's EBIT is $11.7B making its interest coverage ratio 10. It has cash and short-term investments of $4.6B.
Key information
-837.3%
Debt to equity ratio
US$39.41b
Debt
| Interest coverage ratio | 10x |
| Cash | US$4.58b |
| Equity | -US$4.71b |
| Total liabilities | US$60.85b |
| Total assets | US$56.15b |
Recent financial health updates
No updates
Recent updates
McDonald's Dips: Earnings May Present A Golden Opportunity
Apr 22McDonald's: Fantastic Dip-Buying Opportunity Has Returned (Upgrade)
Apr 16With EPS Growth And More, McDonald's (NYSE:MCD) Makes An Interesting Case
Apr 12
Shareholders Are Optimistic That McDonald's (NYSE:MCD) Will Multiply In Value
Mar 27McDonald's: Headwinds From Middle East Conflict
Mar 27Estimating The Fair Value Of McDonald's Corporation (NYSE:MCD)
Mar 12McDonald's: The Reasons We Are Turning More Bullish
Mar 12McDonald's: Betting On The Fastest Expansion Phase In The Company's History
Feb 24Earnings Update: McDonald's Corporation (NYSE:MCD) Just Reported Its Full-Year Results And Analysts Are Updating Their Forecasts
Feb 08McDonald's Q4: Solid Quarter But Stock Maybe Close To A Top
Feb 05McDonald's Corporation's (NYSE:MCD) Share Price Could Signal Some Risk
Jan 24McDonald's CosMc's Suggests Upside Potential
Jan 10What CosMc's May Deliver And Why In 2024 I May Replace Starbucks With McDonald's
Dec 29McDonald's: New Growth Strategy Review
Dec 12Is McDonald's Corporation (NYSE:MCD) Worth US$287 Based On Its Intrinsic Value?
Dec 08McDonald's: Bright Future Through China Expansion And Digital Triumphs
Dec 04McDonald's' (NYSE:MCD) Upcoming Dividend Will Be Larger Than Last Year's
Nov 23Is Now The Time To Put McDonald's (NYSE:MCD) On Your Watchlist?
Nov 21McDonald's: Minimal Upside Even With Growth
Nov 08McDonald's' (NYSE:MCD) Upcoming Dividend Will Be Larger Than Last Year's
Nov 06McDonald's: Long-Term Growth Value
Oct 25McDonald's Stock: Never This Cheap Since The COVID Pandemic (Rating Upgrade)
Oct 11McDonald's (NYSE:MCD) Knows How To Allocate Capital
Oct 07McDonald's Stock: Freshly Minted Dividend Adds Flavor
Oct 05McDonald's: A Bit Pricey But Very Interesting
Sep 22McDonald's: Why I'm Lovin' This Modern-Day Buffett Style Pick
Sep 12McDonald's: Ain't Loving It Here
Aug 18With EPS Growth And More, McDonald's (NYSE:MCD) Makes An Interesting Case
Jul 28McDonald's: Set To Become A Poor Dividend Growth Stock
Jul 24McDonald's China Owners Seek Fresh Funds To Support Golden Arches Expansion
Jul 18McDonald's: The Grimace Shake Has Gone Viral, But Industry Valuations Are High
Jul 06McDonald's Has A Looming Franchisee Rebellion
Jun 08McDonald's (NYSE:MCD) Is Aiming To Keep Up Its Impressive Returns
May 24McDonald's (NYSE:MCD) Is Paying Out A Larger Dividend Than Last Year
Feb 20Investors Can Find Comfort In McDonald's' (NYSE:MCD) Earnings Quality
Feb 07McDonald's (NYSE:MCD) Will Pay A Larger Dividend Than Last Year At $1.52
Feb 06McDonald's Non-GAAP EPS of $2.59 beats by $0.13, revenue of $5.93B beats by $180M
Jan 31McDonald's Stock: We're Still Lovin' It In 2023
Jan 03McDonald's: Price Fall To Come?
Dec 13Estimating The Fair Value Of McDonald's Corporation (NYSE:MCD)
Dec 05McDonald's (NYSE:MCD) Will Be Hoping To Turn Its Returns On Capital Around
Nov 16McDonald's: Skip The Equity, Grab The Bonds
Oct 24Financial Position Analysis
Short Term Liabilities: MCD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: MCD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: MCD has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: MCD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: MCD's debt is well covered by operating cash flow (24.4%).
Interest Coverage: MCD's interest payments on its debt are well covered by EBIT (10x coverage).