Cencora Balance Sheet Health
Financial Health criteria checks 3/6
Cencora has a total shareholder equity of $1.2B and total debt of $5.2B, which brings its debt-to-equity ratio to 427.8%. Its total assets and total liabilities are $63.9B and $62.6B respectively. Cencora's EBIT is $2.8B making its interest coverage ratio 12.5. It has cash and short-term investments of $2.1B.
Key information
427.8%
Debt to equity ratio
US$5.25b
Debt
| Interest coverage ratio | 12.5x |
| Cash | US$2.07b |
| Equity | US$1.23b |
| Total liabilities | US$62.64b |
| Total assets | US$63.87b |
Recent financial health updates
Cencora (NYSE:COR) Seems To Use Debt Quite Sensibly
Feb 25
Is Cencora (NYSE:COR) A Risky Investment?
Nov 03We Think AmerisourceBergen (NYSE:ABC) Can Stay On Top Of Its Debt
Jun 19AmerisourceBergen (NYSE:ABC) Has A Pretty Healthy Balance Sheet
Mar 02Recent updates
Investors Interested In Cencora, Inc.'s (NYSE:COR) Earnings
Apr 05Cencora Remains Chronically Undervalued, With Material Growth Potential
Mar 25Cencora, Inc.'s (NYSE:COR) Intrinsic Value Is Potentially 53% Above Its Share Price
Mar 18Cencora (NYSE:COR) Seems To Use Debt Quite Sensibly
Feb 25Cencora (NYSE:COR) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Feb 07Cencora, Inc.'s (NYSE:COR) Business Is Yet to Catch Up With Its Share Price
Jan 05Cencora: Continued Economic Value On The Table Across All Investment Horizons
Jan 04A Look At The Fair Value Of Cencora, Inc. (NYSE:COR)
Dec 15Cencora (NYSE:COR) Is Paying Out A Larger Dividend Than Last Year
Nov 05Is Cencora (NYSE:COR) A Risky Investment?
Nov 03Cencora: New Name, Same Old Economic Leverage, Reiterate Buy
Oct 18AmerisourceBergen Corporation (NYSE:ABC) Shares Could Be 34% Below Their Intrinsic Value Estimate
Aug 01AmerisourceBergen: Great Company, Wrong Price (Rating Downgrade)
Jul 28We Think AmerisourceBergen (NYSE:ABC) Can Stay On Top Of Its Debt
Jun 19Is AmerisourceBergen Corporation (NYSE:ABC) Trading At A 28% Discount?
May 01Here's Why We Think AmerisourceBergen (NYSE:ABC) Is Well Worth Watching
Apr 10AmerisourceBergen (NYSE:ABC) Has A Pretty Healthy Balance Sheet
Mar 02AmerisourceBergen declares $0.485 dividend
Feb 01AmerisourceBergen Corporation (NYSE:ABC) Shares Could Be 25% Below Their Intrinsic Value Estimate
Jan 28AmerisourceBergen partners with pharmaceutical company Civica
Jan 23AmerisourceBergen: What Does The Valuation Look Like After The Recent Price Rise?
Jan 13Does AmerisourceBergen (NYSE:ABC) Deserve A Spot On Your Watchlist?
Jan 10AmerisourceBergen sued by DoJ over suspicious opioid orders
Dec 29Walgreens Boots Alliance sells $1.0B in AmerisourceBergen shares; $200M buyback from WBA
Dec 09AmerisourceBergen's (NYSE:ABC) Upcoming Dividend Will Be Larger Than Last Year's
Nov 08The Importance Of Government Contracting For AmerisourceBergen
Nov 02Financial Position Analysis
Short Term Liabilities: COR's short term assets ($44.2B) do not cover its short term liabilities ($49.8B).
Long Term Liabilities: COR's short term assets ($44.2B) exceed its long term liabilities ($12.9B).
Debt to Equity History and Analysis
Debt Level: COR's net debt to equity ratio (259.2%) is considered high.
Reducing Debt: COR's debt to equity ratio has increased from 152.8% to 427.8% over the past 5 years.
Debt Coverage: COR's debt is well covered by operating cash flow (49.1%).
Interest Coverage: COR's interest payments on its debt are well covered by EBIT (12.5x coverage).