SiteOne Landscape Supply Balance Sheet Health
Financial Health criteria checks 6/6
SiteOne Landscape Supply has a total shareholder equity of $1.6B and total debt of $480.2M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are $3.2B and $1.6B respectively. SiteOne Landscape Supply's EBIT is $233.1M making its interest coverage ratio 8.2. It has cash and short-term investments of $78.7M.
Key information
30.1%
Debt to equity ratio
US$480.20m
Debt
| Interest coverage ratio | 8.2x |
| Cash | US$78.70m |
| Equity | US$1.60b |
| Total liabilities | US$1.59b |
| Total assets | US$3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0S0's short term assets ($1.7B) exceed its short term liabilities ($683.0M).
Long Term Liabilities: 0S0's short term assets ($1.7B) exceed its long term liabilities ($906.5M).
Debt to Equity History and Analysis
Debt Level: 0S0's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 0S0's debt to equity ratio has reduced from 183.5% to 30.1% over the past 5 years.
Debt Coverage: 0S0's debt is well covered by operating cash flow (50.9%).
Interest Coverage: 0S0's interest payments on its debt are well covered by EBIT (8.2x coverage).