Boyd Group Services Balance Sheet Health
Financial Health criteria checks 2/6
Boyd Group Services has a total shareholder equity of $840.7M and total debt of $530.1M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are $2.5B and $1.7B respectively. Boyd Group Services's EBIT is $127.7M making its interest coverage ratio 1.9. It has cash and short-term investments of $43.8M.
Key information
63.1%
Debt to equity ratio
US$530.09m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$43.85m |
| Equity | US$840.71m |
| Total liabilities | US$1.67b |
| Total assets | US$2.51b |
Recent financial health updates
We Think Boyd Group Services (TSE:BYD) Is Taking Some Risk With Its Debt
Nov 21
Boyd Group Services (TSE:BYD) Seems To Use Debt Quite Sensibly
Jun 29We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt
Mar 10Boyd Group Services (TSE:BYD) Has A Pretty Healthy Balance Sheet
Nov 11Is Boyd Group Services (TSE:BYD) Using Too Much Debt?
Jul 01These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well
Mar 17Recent updates
We Think Boyd Group Services (TSE:BYD) Is Taking Some Risk With Its Debt
Nov 21Returns On Capital Signal Tricky Times Ahead For Boyd Group Services (TSE:BYD)
Nov 08Boyd Group Services Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Aug 11Boyd Group Services Inc.'s (TSE:BYD) Business Is Trailing The Market But Its Shares Aren't
Aug 05Boyd Group Services (TSE:BYD) Seems To Use Debt Quite Sensibly
Jun 29What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?
Jun 08Here's Why Shareholders May Consider Paying Boyd Group Services Inc.'s (TSE:BYD) CEO A Little More
May 09Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E
Apr 30A Look At The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)
Apr 19We Think Boyd Group Services' (TSE:BYD) Robust Earnings Are Conservative
Mar 28Analyst Estimates: Here's What Brokers Think Of Boyd Group Services Inc. (TSE:BYD) After Its Full-Year Report
Mar 23We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt
Mar 10Is Now An Opportune Moment To Examine Boyd Group Services Inc. (TSE:BYD)?
Feb 28With Boyd Group Services Inc. (TSE:BYD) It Looks Like You'll Get What You Pay For
Jan 26Is Boyd Group Services Inc. (TSE:BYD) Worth CA$279 Based On Its Intrinsic Value?
Jan 15Is Now The Time To Put Boyd Group Services (TSE:BYD) On Your Watchlist?
Jan 04Boyd Group Services (TSE:BYD) Might Be Having Difficulty Using Its Capital Effectively
Dec 23What Is Boyd Group Services Inc.'s (TSE:BYD) Share Price Doing?
Nov 25Boyd Group Services (TSE:BYD) Has A Pretty Healthy Balance Sheet
Nov 11Calculating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)
Sep 26Boyd Group Services (TSE:BYD) Will Want To Turn Around Its Return Trends
Sep 01Is Boyd Group Services (TSE:BYD) Using Too Much Debt?
Jul 01Should You Think About Buying Boyd Group Services Inc. (TSE:BYD) Now?
Jun 19A Look At The Fair Value Of Boyd Group Services Inc. (TSE:BYD)
Jun 06There 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 17Financial Position Analysis
Short Term Liabilities: BYD's short term assets ($312.8M) do not cover its short term liabilities ($447.9M).
Long Term Liabilities: BYD's short term assets ($312.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BYD's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: BYD's debt to equity ratio has reduced from 71.8% to 63.1% over the past 5 years.
Debt Coverage: BYD's debt is well covered by operating cash flow (62.1%).
Interest Coverage: BYD's interest payments on its debt are not well covered by EBIT (1.9x coverage).