Loblaw Companies (L.TO) Debt Metrics
Market Cap: $57.67B
Avg Volume: 397.38K
Industry: Grocery Stores
Sector: Consumer Defensive
How much debt does Loblaw Companies have?
According to Loblaw Companies's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Loblaw Companies's total debt stands at $19.18B. This is broken down into:
- Long-term debt: $16.11B
- Short-term debt: $3.08B
The company's net debt, which accounts for cash and cash equivalents, is $17.72B. In terms of overall financial obligations, Loblaw Companies's total liabilities amount to $29.61B.
Debt Ratios and Metrics
To better understand Loblaw Companies's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 1.73 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 46.93% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 4.54 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 40.57% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 63.37% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Loblaw Companies's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$19.18B
Long-term Debt
$16.11B
Short-term Debt
$3.08B
Net Debt
$17.72B
Total Liabilities
$29.61B
Interest Coverage
4.54
Debt to Equity Ratio
1.73
Debt Ratio
46.93%
Loblaw Companies Historical Debt Metrics
Loblaw Companies Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $19.18B | $16.11B | $3.08B | $17.72B | $29.61B | 1.73 | 46.93% | 4.54 | 40.57% | 63.37% |
| 2023 | $18.17B | $14.66B | $3.51B | $16.68B | $27.36B | 1.59 | 46.62% | 4.43 | 36.75% | 61.32% |
| 2022 | $17.61B | $14.77B | $2.84B | $16.00B | $26.69B | 1.56 | 46.15% | 4.85 | 38.44% | 60.91% |
| 2021 | $16.55B | $13.75B | $2.80B | $14.58B | $24.88B | 1.43 | 45.21% | 4.27 | 34.92% | 58.85% |
| 2020 | $16.61B | $13.97B | $2.64B | $14.94B | $24.75B | 1.51 | 46.30% | 3.14 | 36.98% | 60.18% |
| 2019 | $16.95B | $13.66B | $3.29B | $15.82B | $24.99B | 1.51 | 46.69% | 2.97 | 34.71% | 60.14% |
| 2018 | $9.05B | $6.38B | $2.62B | $7.99B | $17.98B | 0.75 | 30.02% | 4.68 | 32.67% | 42.75% |
| 2017 | $11.99B | $9.54B | $2.38B | $10.19B | $22.05B | 0.92 | 34.16% | 4.89 | 40.94% | 47.96% |
| 2016 | $11.73B | $10.47B | $1.18B | $10.41B | $21.41B | 0.90 | 34.05% | 4.07 | 43.27% | 47.42% |
| 2015 | $11.79B | $10.01B | $1.75B | $10.78B | $20.77B | 0.90 | 34.75% | 2.96 | 41.64% | 47.28% |
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