Boyd Group Services Balance Sheet Health

Financial Health criteria checks 2/6

Boyd Group Services has a total shareholder equity of $830.5M and total debt of $454.9M, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are $2.4B and $1.6B respectively. Boyd Group Services's EBIT is $163.6M making its interest coverage ratio 2.9. It has cash and short-term investments of $16.4M.

Key information

54.8%

Debt to equity ratio

US$454.87m

Debt

Interest coverage ratio2.9x
CashUS$16.38m
EquityUS$830.55m
Total liabilitiesUS$1.58b
Total assetsUS$2.42b

Recent financial health updates

Recent updates

What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?

Jun 08
What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?

Here's Why Shareholders May Consider Paying Boyd Group Services Inc.'s (TSE:BYD) CEO A Little More

May 09
Here's Why Shareholders May Consider Paying Boyd Group Services Inc.'s (TSE:BYD) CEO A Little More

Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E

Apr 30
Some Confidence Is Lacking In Boyd Group Services Inc.'s (TSE:BYD) P/E

A Look At The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)

Apr 19
A Look At The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)

We Think Boyd Group Services' (TSE:BYD) Robust Earnings Are Conservative

Mar 28
We Think Boyd Group Services' (TSE:BYD) Robust Earnings Are Conservative

Analyst Estimates: Here's What Brokers Think Of Boyd Group Services Inc. (TSE:BYD) After Its Full-Year Report

Mar 23
Analyst Estimates: Here's What Brokers Think Of Boyd Group Services Inc. (TSE:BYD) After Its Full-Year Report

We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt

Mar 10
We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt

Is Now An Opportune Moment To Examine Boyd Group Services Inc. (TSE:BYD)?

Feb 28
Is Now An Opportune Moment To Examine Boyd Group Services Inc. (TSE:BYD)?

With Boyd Group Services Inc. (TSE:BYD) It Looks Like You'll Get What You Pay For

Jan 26
With Boyd Group Services Inc. (TSE:BYD) It Looks Like You'll Get What You Pay For

Is Boyd Group Services Inc. (TSE:BYD) Worth CA$279 Based On Its Intrinsic Value?

Jan 15
Is Boyd Group Services Inc. (TSE:BYD) Worth CA$279 Based On Its Intrinsic Value?

Is Now The Time To Put Boyd Group Services (TSE:BYD) On Your Watchlist?

Jan 04
Is Now The Time To Put Boyd Group Services (TSE:BYD) On Your Watchlist?

Boyd Group Services (TSE:BYD) Might Be Having Difficulty Using Its Capital Effectively

Dec 23
Boyd Group Services (TSE:BYD) Might Be Having Difficulty Using Its Capital Effectively

What Is Boyd Group Services Inc.'s (TSE:BYD) Share Price Doing?

Nov 25
What Is Boyd Group Services Inc.'s (TSE:BYD) Share Price Doing?

Boyd Group Services (TSE:BYD) Has A Pretty Healthy Balance Sheet

Nov 11
Boyd Group Services (TSE:BYD) Has A Pretty Healthy Balance Sheet

Calculating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

Sep 26
Calculating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

Boyd Group Services (TSE:BYD) Will Want To Turn Around Its Return Trends

Sep 01
Boyd Group Services (TSE:BYD) Will Want To Turn Around Its Return Trends

Is Boyd Group Services (TSE:BYD) Using Too Much Debt?

Jul 01
Is Boyd Group Services (TSE:BYD) Using Too Much Debt?

Should You Think About Buying Boyd Group Services Inc. (TSE:BYD) Now?

Jun 19
Should You Think About Buying Boyd Group Services Inc. (TSE:BYD) Now?

A Look At The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

Jun 06
A Look At The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

There Are Reasons To Feel Uneasy About Boyd Group Services' (TSE:BYD) Returns On Capital

May 11
There Are Reasons To Feel Uneasy About Boyd Group Services' (TSE:BYD) Returns On Capital

These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well

Mar 17
These 4 Measures Indicate That Boyd Group Services (TSE:BYD) Is Using Debt Reasonably Well

At CA$201, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?

Feb 02
At CA$201, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?

Is There An Opportunity With Boyd Group Services Inc.'s (TSE:BYD) 32% Undervaluation?

Jan 19
Is There An Opportunity With Boyd Group Services Inc.'s (TSE:BYD) 32% Undervaluation?

Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?

Sep 01
Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?

Estimating The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)

Jul 29
Estimating The Intrinsic Value Of Boyd Group Services Inc. (TSE:BYD)

Be Wary Of Boyd Group Services (TSE:BYD) And Its Returns On Capital

Jul 16
Be Wary Of Boyd Group Services (TSE:BYD) And Its Returns On Capital

Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?

Jun 10
Does Boyd Group Services (TSE:BYD) Have A Healthy Balance Sheet?

Is Boyd Group Services Inc. (TSE:BYD) Expensive For A Reason? A Look At Its Intrinsic Value

Mar 15
Is Boyd Group Services Inc. (TSE:BYD) Expensive For A Reason? A Look At Its Intrinsic Value

Returns On Capital At Boyd Group Services (TSE:BYD) Paint A Concerning Picture

Feb 17
Returns On Capital At Boyd Group Services (TSE:BYD) Paint A Concerning Picture

Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?

Jan 29
Is There Now An Opportunity In Boyd Group Services Inc. (TSE:BYD)?

We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt

Jan 15
We Think Boyd Group Services (TSE:BYD) Can Stay On Top Of Its Debt

Is Boyd Group Services Inc. (TSE:BYD) Trading At A 44% Discount?

Nov 24
Is Boyd Group Services Inc. (TSE:BYD) Trading At A 44% Discount?

What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?

Oct 11
What Does Boyd Group Services Inc.'s (TSE:BYD) Share Price Indicate?

Is Boyd Group Services (TSE:BYD) Using Too Much Debt?

Sep 14
Is Boyd Group Services (TSE:BYD) Using Too Much Debt?

Some Investors May Be Worried About Boyd Group Services' (TSE:BYD) Returns On Capital

Sep 01
Some Investors May Be Worried About Boyd Group Services' (TSE:BYD) Returns On Capital

Estimating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

Aug 10
Estimating The Fair Value Of Boyd Group Services Inc. (TSE:BYD)

At CA$226, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?

Jul 01
At CA$226, Is It Time To Put Boyd Group Services Inc. (TSE:BYD) On Your Watch List?

Newsflash: Boyd Group Services Inc. (TSE:BYD) Analysts Have Been Trimming Their Revenue Forecasts

May 14
Newsflash: Boyd Group Services Inc. (TSE:BYD) Analysts Have Been Trimming Their Revenue Forecasts

Financial Position Analysis

Short Term Liabilities: BYD's short term assets ($272.5M) do not cover its short term liabilities ($459.3M).

Long Term Liabilities: BYD's short term assets ($272.5M) do not cover its long term liabilities ($1.1B).


Debt to Equity History and Analysis

Debt Level: BYD's net debt to equity ratio (52.8%) is considered high.

Reducing Debt: BYD's debt to equity ratio has reduced from 65% to 54.8% over the past 5 years.

Debt Coverage: BYD's debt is well covered by operating cash flow (78.1%).

Interest Coverage: BYD's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet


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