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Loblaw (TSX:L) Debt-to-Revenue : 0.33 (As of Mar. 2024)


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What is Loblaw Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Loblaw's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$3,098 Mil. Loblaw's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$15,029 Mil. Loblaw's annualized Revenue for the quarter that ended in Mar. 2024 was C$54,324 Mil. Loblaw's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.33.


Loblaw Debt-to-Revenue Historical Data

The historical data trend for Loblaw's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Loblaw Debt-to-Revenue Chart

Loblaw Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.32 0.31 0.31 0.31

Loblaw Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.33 0.24 0.31 0.33

Competitive Comparison of Loblaw's Debt-to-Revenue

For the Grocery Stores subindustry, Loblaw's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Loblaw's Debt-to-Revenue Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Loblaw's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Loblaw's Debt-to-Revenue falls into.



Loblaw Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Loblaw's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3509 + 14664) / 59529
=0.31

Loblaw's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(3098 + 15029) / 54324
=0.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Loblaw Debt-to-Revenue Related Terms

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Loblaw (TSX:L) Business Description

Traded in Other Exchanges
Address
1 President’s Choice Circle, Brampton, ON, CAN, L6Y 5S5
Loblaw is Canada's largest retailer, operating 2,500 food retail and pharmacy stores across the country. Its main grocery banners include Loblaw, No Frills, and Maxi, and its pharmacy stores are mostly under the Shoppers Drug Mart banner, which it acquired in 2014. In addition to brand-name offerings, Loblaw offers private-label products under the President's Choice and No Name brands. Beyond retail, Loblaw runs the PC Optimum loyalty program and also offers credit cards and insurance brokerage, which are collectively referred to as financial services. George Weston is Loblaw's controlling shareholder with a 53% stake.
Executives
Jeffrey Francis Leger Senior Officer
Mark William Henry Wilson Senior Officer
Frank Gambioli Senior Officer
Nicholas Henn Senior Officer
Kieran Barry Columb Senior Officer