Graco Balance Sheet Health
Financial Health criteria checks 6/6
Graco has a total shareholder equity of $2.5B and total debt of $30.2M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are $3.0B and $462.3M respectively. Graco's EBIT is $564.9M making its interest coverage ratio 210.1. It has cash and short-term investments of $764.5M.
Key information
1.2%
Debt to equity ratio
US$30.18m
Debt
| Interest coverage ratio | 210.1x |
| Cash | US$764.45m |
| Equity | US$2.51b |
| Total liabilities | US$462.35m |
| Total assets | US$2.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GA8's short term assets ($1.6B) exceed its short term liabilities ($360.4M).
Long Term Liabilities: GA8's short term assets ($1.6B) exceed its long term liabilities ($102.0M).
Debt to Equity History and Analysis
Debt Level: GA8 has more cash than its total debt.
Reducing Debt: GA8's debt to equity ratio has reduced from 20% to 1.2% over the past 5 years.
Debt Coverage: GA8's debt is well covered by operating cash flow (1975.4%).
Interest Coverage: GA8's interest payments on its debt are well covered by EBIT (210.1x coverage).