Cencora Balance Sheet Health
Financial Health criteria checks 2/6
Cencora has a total shareholder equity of $361.9M and total debt of $8.1B, which brings its debt-to-equity ratio to 2251.6%. Its total assets and total liabilities are $69.1B and $68.7B respectively. Cencora's EBIT is $3.1B making its interest coverage ratio 21.2. It has cash and short-term investments of $3.2B.
Key information
2,251.6%
Debt to equity ratio
US$8.15b
Debt
| Interest coverage ratio | 21.2x |
| Cash | US$3.22b |
| Equity | US$361.90m |
| Total liabilities | US$68.69b |
| Total assets | US$69.05b |
Recent financial health updates
Is Cencora (NYSE:COR) Using Too Much Debt?
Jan 27
Here's Why Cencora (NYSE:COR) Can Manage Its Debt Responsibly
Sep 18Here's Why Cencora (NYSE:COR) Can Manage Its Debt Responsibly
Jun 09Recent updates
Why We're Not Concerned About Cencora, Inc.'s (NYSE:COR) Share Price
Apr 07Cencora: Great Track Record And Outlook, But Valuation Does Not Offer Upside
Feb 25Is Cencora (NYSE:COR) Using Too Much Debt?
Jan 27Cencora's (NYSE:COR) Soft Earnings Are Actually Better Than They Appear
Dec 05Cencora (NYSE:COR) Is Increasing Its Dividend To $0.55
Nov 09Why We're Not Concerned About Cencora, Inc.'s (NYSE:COR) Share Price
Oct 31Here's Why We Think Cencora (NYSE:COR) Is Well Worth Watching
Oct 10Here's Why Cencora (NYSE:COR) Can Manage Its Debt Responsibly
Sep 18Cencora: Credentials To Die For, But Underlying Issues Make Case For 'Hold' Rating
Sep 18Market Participants Recognise Cencora, Inc.'s (NYSE:COR) Earnings
Jul 16Cencora: Potential Exists, But Ambiguous Valuations And Data Breach Risks Are Concerning
Jun 30Are Investors Undervaluing Cencora, Inc. (NYSE:COR) By 43%?
Jun 28Here's Why Cencora (NYSE:COR) Can Manage Its Debt Responsibly
Jun 09Do Cencora's (NYSE:COR) Earnings Warrant Your Attention?
May 21Cencora Remains Chronically Undervalued, With Material Growth Potential
Mar 25Cencora: Continued Economic Value On The Table Across All Investment Horizons
Jan 04Cencora: New Name, Same Old Economic Leverage, Reiterate Buy
Oct 18Financial Position Analysis
Short Term Liabilities: COR's short term assets ($50.0B) do not cover its short term liabilities ($54.5B).
Long Term Liabilities: COR's short term assets ($50.0B) exceed its long term liabilities ($14.2B).
Debt to Equity History and Analysis
Debt Level: COR's net debt to equity ratio (1360.7%) is considered high.
Reducing Debt: COR's debt to equity ratio has increased from 135.8% to 2251.6% over the past 5 years.
Debt Coverage: COR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: COR's interest payments on its debt are well covered by EBIT (21.2x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/05 10:37 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Cencora, Inc. is covered by 39 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Toung | Argus Research Company |
| Gregory Bolan | Avondale Partners |
| Eric Coldwell | Baird |