SiteOne Landscape Supply Balance Sheet Health
Financial Health criteria checks 6/6
SiteOne Landscape Supply has a total shareholder equity of $1.5B and total debt of $448.0M, which brings its debt-to-equity ratio to 30.4%. Its total assets and total liabilities are $3.0B and $1.5B respectively. SiteOne Landscape Supply's EBIT is $234.8M making its interest coverage ratio 8.7. It has cash and short-term investments of $50.2M.
Key information
30.4%
Debt to equity ratio
US$448.00m
Debt
Interest coverage ratio | 8.7x |
Cash | US$50.20m |
Equity | US$1.47b |
Total liabilities | US$1.51b |
Total assets | US$2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0S0's short term assets ($1.6B) exceed its short term liabilities ($670.0M).
Long Term Liabilities: 0S0's short term assets ($1.6B) exceed its long term liabilities ($837.6M).
Debt to Equity History and Analysis
Debt Level: 0S0's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: 0S0's debt to equity ratio has reduced from 228.6% to 30.4% over the past 5 years.
Debt Coverage: 0S0's debt is well covered by operating cash flow (78.3%).
Interest Coverage: 0S0's interest payments on its debt are well covered by EBIT (8.7x coverage).