CDW Balance Sheet Health
Financial Health criteria checks 5/6
CDW has a total shareholder equity of $2.3B and total debt of $6.4B, which brings its debt-to-equity ratio to 271.9%. Its total assets and total liabilities are $14.4B and $12.0B respectively. CDW's EBIT is $1.7B making its interest coverage ratio 8.2. It has cash and short-term investments of $1.2B.
Key information
271.9%
Debt to equity ratio
US$6.39b
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$1.16b |
| Equity | US$2.35b |
| Total liabilities | US$12.03b |
| Total assets | US$14.38b |
Recent financial health updates
CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly
Dec 03
Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
Aug 31CDW (NASDAQ:CDW) Has A Pretty Healthy Balance Sheet
Apr 12Recent updates
Investors Could Be Concerned With CDW's (NASDAQ:CDW) Returns On Capital
Jan 03CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly
Dec 03Is It Too Late To Consider Buying CDW Corporation (NASDAQ:CDW)?
Nov 18CDW Corp.: Rating Downgrade On Uncertain Timing Of Growth Recovery
Nov 05CDW (NASDAQ:CDW) Has Announced That It Will Be Increasing Its Dividend To $0.625
Nov 02Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now
Oct 31CDW Corp: An Underappreciated Technology Reseller
Oct 28Estimating The Fair Value Of CDW Corporation (NASDAQ:CDW)
Oct 01Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
Aug 31CDW Corporation: Everything Is On Track
Aug 15A Look Into CDW's (NASDAQ:CDW) Impressive Returns On Capital
Aug 15CDW Corporation's (NASDAQ:CDW) Share Price Not Quite Adding Up
Jul 31Estimating The Intrinsic Value Of CDW Corporation (NASDAQ:CDW)
Jun 20CDW Corporation: 2 Major Growth Catalysts Ahead
Jun 01Why CDW Corporation (NASDAQ:CDW) Could Be Worth Watching
May 21Earnings Miss: CDW Corporation Missed EPS By 13% And Analysts Are Revising Their Forecasts
May 04Capital Investment Trends At CDW (NASDAQ:CDW) Look Strong
Apr 30CDW (NASDAQ:CDW) Has A Pretty Healthy Balance Sheet
Apr 12CDW Corporation: Expect Some Recovery In Hardware Spending
Mar 27Why We're Not Concerned About CDW Corporation's (NASDAQ:CDW) Share Price
Mar 25CDW Corporation: Growth Outlook And Valuation Not Attractive
Feb 16Here's Why We Think CDW (NASDAQ:CDW) Is Well Worth Watching
Feb 03CDW Corporation: Mix Shift Towards Software And Services Drive Margin Expansion
Jan 11Financial Position Analysis
Short Term Liabilities: CDW's short term assets ($7.7B) exceed its short term liabilities ($5.5B).
Long Term Liabilities: CDW's short term assets ($7.7B) exceed its long term liabilities ($6.6B).
Debt to Equity History and Analysis
Debt Level: CDW's net debt to equity ratio (222.6%) is considered high.
Reducing Debt: CDW's debt to equity ratio has reduced from 395.3% to 271.9% over the past 5 years.
Debt Coverage: CDW's debt is well covered by operating cash flow (23%).
Interest Coverage: CDW's interest payments on its debt are well covered by EBIT (8.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/06 19:05 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
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 .
Analyst Sources
CDW Corporation is covered by 23 analysts. 12 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 |
|---|---|
| Jayson Noland | Baird |
| Ishan Majumdar | Baptista Research |
| Benjamin Reitzes | Barclays |