Sysco Balance Sheet Health
Financial Health criteria checks 3/6
Sysco has a total shareholder equity of $1.9B and total debt of $11.6B, which brings its debt-to-equity ratio to 614.6%. Its total assets and total liabilities are $24.9B and $23.0B respectively. Sysco's EBIT is $3.5B making its interest coverage ratio 5.7. It has cash and short-term investments of $696.0M.
Key information
614.6%
Debt to equity ratio
US$11.62b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$696.00m |
| Equity | US$1.89b |
| Total liabilities | US$23.03b |
| Total assets | US$24.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYY's short term assets ($11.0B) exceed its short term liabilities ($9.2B).
Long Term Liabilities: SYY's short term assets ($11.0B) do not cover its long term liabilities ($13.8B).
Debt to Equity History and Analysis
Debt Level: SYY's net debt to equity ratio (577.8%) is considered high.
Reducing Debt: SYY's debt to equity ratio has increased from 322% to 614.6% over the past 5 years.
Debt Coverage: SYY's debt is well covered by operating cash flow (25.7%).
Interest Coverage: SYY's interest payments on its debt are well covered by EBIT (5.7x coverage).