Sysco Balance Sheet Health
Financial Health criteria checks 3/6
Sysco has a total shareholder equity of $2.2B and total debt of $12.4B, which brings its debt-to-equity ratio to 552.6%. Its total assets and total liabilities are $25.9B and $23.6B respectively. Sysco's EBIT is $3.5B making its interest coverage ratio 5.5. It has cash and short-term investments of $733.0M.
Key information
552.6%
Debt to equity ratio
US$12.36b
Debt
| Interest coverage ratio | 5.5x |
| Cash | US$733.00m |
| Equity | US$2.24b |
| Total liabilities | US$23.64b |
| Total assets | US$25.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYY's short term assets ($11.9B) exceed its short term liabilities ($9.4B).
Long Term Liabilities: SYY's short term assets ($11.9B) do not cover its long term liabilities ($14.2B).
Debt to Equity History and Analysis
Debt Level: SYY's net debt to equity ratio (519.8%) is considered high.
Reducing Debt: SYY's debt to equity ratio has increased from 345.9% to 552.6% over the past 5 years.
Debt Coverage: SYY's debt is well covered by operating cash flow (23.9%).
Interest Coverage: SYY's interest payments on its debt are well covered by EBIT (5.5x coverage).