Molson Coors Beverage Balance Sheet Health
Financial Health criteria checks 4/6
Molson Coors Beverage has a total shareholder equity of $13.4B and total debt of $6.2B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $26.4B and $12.9B respectively. Molson Coors Beverage's EBIT is $1.6B making its interest coverage ratio 7.7. It has cash and short-term investments of $868.9M.
Key information
45.9%
Debt to equity ratio
US$6.17b
Debt
| Interest coverage ratio | 7.7x |
| Cash | US$868.90m |
| Equity | US$13.44b |
| Total liabilities | US$12.94b |
| Total assets | US$26.38b |
Recent financial health updates
We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Apr 01
We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Dec 04We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Aug 12Here's Why Molson Coors Beverage (NYSE:TAP) Has A Meaningful Debt Burden
May 12Molson Coors Beverage (NYSE:TAP) Takes On Some Risk With Its Use Of Debt
Feb 03These 4 Measures Indicate That Molson Coors Beverage (NYSE:TAP) Is Using Debt Extensively
Sep 07Recent updates
We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Apr 01Is There Now An Opportunity In Molson Coors Beverage Company (NYSE:TAP)?
Mar 19Molson Coors Beverage's (NYSE:TAP) Performance Is Even Better Than Its Earnings Suggest
Feb 20Is Molson Coors Beverage Company (NYSE:TAP) Trading At A 49% Discount?
Feb 01Molson Coors Beverage Company (NYSE:TAP) Not Lagging Market On Growth Or Pricing
Jan 03Molson Coors Beverage: Strategy For Growth And Innovation
Jan 02At US$61.93, Is It Time To Put Molson Coors Beverage Company (NYSE:TAP) On Your Watch List?
Dec 19We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Dec 04Molson Coors Beverage: Growth Is Sustainable And Market Share Gains Should Stick
Nov 29Molson Coors: Still One Of My Favorite Buys
Nov 08Are Investors Undervaluing Molson Coors Beverage Company (NYSE:TAP) By 46%?
Nov 02Molson Coors Beverage Is A Deep Value Buy
Oct 26Molson Coors: Coming Down Again After The Bud Light Controversy
Oct 05Molson Coors: TAP's Resilience And Revenue Expansion Plan
Sep 12Investors Met With Slowing Returns on Capital At Molson Coors Beverage (NYSE:TAP)
Sep 05Molson-Coors Wins Beyond Domestic Beer
Sep 01We Think Molson Coors Beverage (NYSE:TAP) Can Stay On Top Of Its Debt
Aug 12Are Investors Undervaluing Molson Coors Beverage Company (NYSE:TAP) By 21%?
Jul 27Molson Coors: Cheers After A Hangover At Its Competitor
Jul 17When Should You Buy Molson Coors Beverage Company (NYSE:TAP)?
Jun 27Here's Why Molson Coors Beverage (NYSE:TAP) Has A Meaningful Debt Burden
May 12Molson Coors Beverage's (NYSE:TAP) Returns On Capital Not Reflecting Well On The Business
Apr 24An Intrinsic Calculation For Molson Coors Beverage Company (NYSE:TAP) Suggests It's 49% Undervalued
Apr 03Molson Coors Q4 2022 Earnings Preview
Feb 20Molson Coors Beverage (NYSE:TAP) Takes On Some Risk With Its Use Of Debt
Feb 03Molson Coors Is Poised To Profit
Jan 25Here's What's Concerning About Molson Coors Beverage's (NYSE:TAP) Returns On Capital
Jan 19Are Investors Undervaluing Molson Coors Beverage Company (NYSE:TAP) By 32%?
Jan 01Is It Time To Consider Buying Molson Coors Beverage Company (NYSE:TAP)?
Nov 21Molson Coors: Hold The TAP
Nov 17Molson Coors declares CAD 0.38 dividend
Nov 11Molson Coors Q3 2022 Earnings Preview
Oct 31These 4 Measures Indicate That Molson Coors Beverage (NYSE:TAP) Is Using Debt Extensively
Sep 07Molson Coors: Time To Tap Some Tipple?
Sep 06Should You Think About Buying Molson Coors Beverage Company (NYSE:TAP) Now?
Aug 17Molson Coors Q2 2022 Earnings Preview
Aug 01Returns At Molson Coors Beverage (NYSE:TAP) Are On The Way Up
Jul 30Molson Coors declares CAD 0.38 dividend
Jul 15Molson Coors: Improvements Required
Jun 27Molson Coors Needs To Find Some Stability At Home
Jun 02We Think Molson Coors Beverage (NYSE:TAP) Is Taking Some Risk With Its Debt
May 23Should You Investigate Molson Coors Beverage Company (NYSE:TAP) At US$54.14?
May 02Financial Position Analysis
Short Term Liabilities: TAP's short term assets ($2.8B) do not cover its short term liabilities ($4.1B).
Long Term Liabilities: TAP's short term assets ($2.8B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: TAP's net debt to equity ratio (39.5%) is considered satisfactory.
Reducing Debt: TAP's debt to equity ratio has reduced from 76.4% to 45.9% over the past 5 years.
Debt Coverage: TAP's debt is well covered by operating cash flow (33.7%).
Interest Coverage: TAP's interest payments on its debt are well covered by EBIT (7.7x coverage).