CDW Balance Sheet Health
Financial Health criteria checks 5/6
CDW has a total shareholder equity of $2.4B and total debt of $6.2B, which brings its debt-to-equity ratio to 263.4%. Its total assets and total liabilities are $14.7B and $12.3B respectively. CDW's EBIT is $1.7B making its interest coverage ratio 7.8. It has cash and short-term investments of $717.7M.
Key information
263.4%
Debt to equity ratio
US$6.20b
Debt
| Interest coverage ratio | 7.8x |
| Cash | US$717.70m |
| Equity | US$2.35b |
| Total liabilities | US$12.33b |
| Total assets | US$14.68b |
Recent financial health updates
Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
Mar 11
CDW (NASDAQ:CDW) Seems To Use Debt Quite Sensibly
Dec 03Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
Aug 31CDW (NASDAQ:CDW) Has A Pretty Healthy Balance Sheet
Apr 12Recent updates
Here's Why CDW (NASDAQ:CDW) Can Manage Its Debt Responsibly
Mar 11What Does CDW Corporation's (NASDAQ:CDW) Share Price Indicate?
Feb 24CDW Corp: Rating Upgrade As Growth Has Seen Positive Inflection
Feb 09CDW (NASDAQ:CDW) Is Paying Out A Dividend Of $0.625
Feb 09Pinning Down CDW Corporation's (NASDAQ:CDW) P/E Is Difficult Right Now
Feb 03A Look At The Intrinsic Value Of CDW Corporation (NASDAQ:CDW)
Jan 18Investors 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 31
Critical Shifts And Market Adaptations Position The Company For Enhanced Growth And Margin Improvement
Aug 20 CDW's strategic focus on advanced technology solutions and diversification across sectors hints at robust revenue and growth potential.CDW 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 27CDW Corporation: Growth Outlook And Valuation Not Attractive
Feb 16CDW Corporation: Mix Shift Towards Software And Services Drive Margin Expansion
Jan 11Financial Position Analysis
Short Term Liabilities: CDW's short term assets ($7.4B) exceed its short term liabilities ($5.5B).
Long Term Liabilities: CDW's short term assets ($7.4B) exceed its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: CDW's net debt to equity ratio (232.9%) is considered high.
Reducing Debt: CDW's debt to equity ratio has reduced from 390.2% to 263.4% over the past 5 years.
Debt Coverage: CDW's debt is well covered by operating cash flow (20.6%).
Interest Coverage: CDW's interest payments on its debt are well covered by EBIT (7.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/03 21:27 |
| End of Day Share Price | 2025/04/03 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
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
CDW Corporation is covered by 22 analysts. 11 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 |