Pizza Pizza Royalty Balance Sheet Health
Financial Health criteria checks 5/6
Pizza Pizza Royalty has a total shareholder equity of CA$293.9M and total debt of CA$47.0M, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are CA$370.1M and CA$76.2M respectively. Pizza Pizza Royalty's EBIT is CA$39.6M making its interest coverage ratio 43.9. It has cash and short-term investments of CA$8.5M.
Key information
16.0%
Debt to equity ratio
CA$46.98m
Debt
Interest coverage ratio | 43.9x |
Cash | CA$8.51m |
Equity | CA$293.91m |
Total liabilities | CA$76.18m |
Total assets | CA$370.09m |
Recent financial health updates
No updates
Recent updates
Pizza Pizza Royalty (TSE:PZA) Will Pay A Dividend Of CA$0.0675
Aug 23Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.068
Jun 28Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.065
Mar 24Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 24Pizza Pizza Royalty (TSE:PZA) Has Re-Affirmed Its Dividend Of CA$0.06
Dec 24Pizza Pizza Royalty's (TSE:PZA) Dividend Will Be Increased To CA$0.06
Nov 21Pizza Pizza Royalty (TSE:PZA) Is Increasing Its Dividend To CA$0.06
Sep 24Pizza Pizza Royalty's (TSE:PZA) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 21Pizza Pizza Royalty (TSE:PZA) Is Due To Pay A Dividend Of CA$0.055
Jun 22Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend
May 11Returns On Capital At Pizza Pizza Royalty (TSE:PZA) Have Hit The Brakes
Apr 03A Look At The Fair Value Of Pizza Pizza Royalty Corp. (TSE:PZA)
Mar 19How Much Did Pizza Pizza Royalty's(TSE:PZA) Shareholders Earn From Share Price Movements Over The Last Three Years?
Mar 04Pizza Pizza Royalty Corp.'s (TSE:PZA) Stock Financial Prospects Look Bleak: Should Shareholders Be Prepared For A Share Price Correction?
Feb 17Read This Before Buying Pizza Pizza Royalty Corp. (TSE:PZA) For Its Dividend
Feb 02We Wouldn't Be Too Quick To Buy Pizza Pizza Royalty Corp. (TSE:PZA) Before It Goes Ex-Dividend
Dec 27Should We Be Excited About The Trends Of Returns At Pizza Pizza Royalty (TSE:PZA)?
Dec 10Calculating The Intrinsic Value Of Pizza Pizza Royalty Corp. (TSE:PZA)
Nov 25Financial Position Analysis
Short Term Liabilities: PZA's short term assets (CA$12.5M) exceed its short term liabilities (CA$4.3M).
Long Term Liabilities: PZA's short term assets (CA$12.5M) do not cover its long term liabilities (CA$71.9M).
Debt to Equity History and Analysis
Debt Level: PZA's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: PZA's debt to equity ratio has reduced from 16.5% to 16% over the past 5 years.
Debt Coverage: PZA's debt is well covered by operating cash flow (66.7%).
Interest Coverage: PZA's interest payments on its debt are well covered by EBIT (43.9x coverage).