Boyd Group Services Financial Health
Financial Health criteria checks 2/6
Boyd Group Services has a total shareholder equity of $765.4M and total debt of $349.2M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are $2.2B and $1.4B respectively. Boyd Group Services's EBIT is $117.9M making its interest coverage ratio 2.9. It has cash and short-term investments of $11.0M.
Key information
45.6%
Debt to equity ratio
US$349.16m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$11.04m |
| Equity | US$765.35m |
| Total liabilities | US$1.42b |
| Total assets | US$2.18b |
Recent financial health updates
These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well
Mar 17
Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?
Jun 10We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt
Jan 15Is Boyd Group Services (TSE:BYD) Using Too Much Debt?
Sep 14These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well
Apr 07Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?
Dec 25Recent updates
There Are Reasons To Feel Uneasy About Boyd Group Services' (TSE:BYD) Returns On Capital
May 11These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well
Mar 17At CA$201, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?
Feb 02Is There An Opportunity With Boyd Group Services Inc.'s (TSE:BYD) 32% Undervaluation?
Jan 19Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?
Sep 01Estimating The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)
Jul 29Be Wary Of Boyd Group Services (TSE:BYD) And Its Returns On Capital
Jul 16Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?
Jun 10Is Boyd Group Services Inc. (TSE:BYD) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 15Returns On Capital At Boyd Group Services (TSE:BYD) Paint A Concerning Picture
Feb 17Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?
Jan 29We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt
Jan 15Is Boyd Group Services Inc. (TSE:BYD) Trading At A 44% Discount?
Nov 24What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?
Oct 11Is Boyd Group Services (TSE:BYD) Using Too Much Debt?
Sep 14Some Investors May Be Worried About Boyd Group Services' (TSE:BYD) Returns On Capital
Sep 01Estimating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)
Aug 10At CA$226, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?
Jul 01Newsflash: Boyd Group Services Inc. (TSE:BYD) Analysts Have Been Trimming Their Revenue Forecasts
May 14Calculating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)
Apr 28These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well
Apr 07Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?
Mar 23Declining Stock and Decent Financials: Is The Market Wrong About Boyd Group Services Inc. (TSE:BYD)?
Mar 05The Trends At Boyd Group Services (TSE:BYD) That You Should Know About
Feb 16Announcing: Boyd Group Services (TSE:BYD) Stock Increased An Energizing 271% In The Last Five Years
Jan 29Should You Use Boyd Group Services's (TSE:BYD) Statutory Earnings To Analyse It?
Jan 12
Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?
Dec 25Is There An Opportunity With Boyd Group Services Inc.'s (TSE:BYD) 39% Undervaluation?
Dec 08Has Boyd Group Services Inc.'s (TSE:BYD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Nov 23Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?
Sep 09Boyd Group Services Inc. (TSE:BYD) Shares Could Be 30% Below Their Intrinsic Value Estimate
Aug 25How Good Is Boyd Group Services Inc. (TSE:BYD), When It Comes To ROE?
Aug 10What Boyd Group Services Inc.'s (TSE:BYD) P/E Is Not Telling You
Aug 10Did You Miss Boyd Group Services' (TSE:BYD) Impressive 253% Share Price Gain?
Jul 23Should You Use Boyd Group Services's (TSE:BYD) Statutory Earnings To Analyse It?
Jul 05Financial Position Analysis
Short Term Liabilities: BYD's short term assets ($282.6M) do not cover its short term liabilities ($441.1M).
Long Term Liabilities: BYD's short term assets ($282.6M) do not cover its long term liabilities ($975.2M).
Debt to Equity History and Analysis
Debt Level: BYD's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: BYD's debt to equity ratio has reduced from 55.8% to 45.6% over the past 5 years.
Debt Coverage: BYD's debt is well covered by operating cash flow (82.7%).
Interest Coverage: BYD's interest payments on its debt are not well covered by EBIT (2.9x coverage).