Graco Balance Sheet Health
Financial Health criteria checks 6/6
Graco has a total shareholder equity of $2.3B and total debt of $29.7M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $2.8B and $451.2M respectively. Graco's EBIT is $580.7M making its interest coverage ratio 126.6. It has cash and short-term investments of $622.7M.
Key information
1.3%
Debt to equity ratio
US$29.71m
Debt
Interest coverage ratio | 126.6x |
Cash | US$622.73m |
Equity | US$2.34b |
Total liabilities | US$451.18m |
Total assets | US$2.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GA8's short term assets ($1.4B) exceed its short term liabilities ($351.7M).
Long Term Liabilities: GA8's short term assets ($1.4B) exceed its long term liabilities ($99.5M).
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 30.4% to 1.3% over the past 5 years.
Debt Coverage: GA8's debt is well covered by operating cash flow (2285.5%).
Interest Coverage: GA8's interest payments on its debt are well covered by EBIT (126.6x coverage).