Boyd Group Services Balance Sheet Health
Financial Health criteria checks 2/6
Boyd Group Services has a total shareholder equity of $840.7M and total debt of $530.1M, which brings its debt-to-equity ratio to 63.1%. Its total assets and total liabilities are $2.5B and $1.7B respectively. Boyd Group Services's EBIT is $127.7M making its interest coverage ratio 1.9. It has cash and short-term investments of $43.8M.
Key information
63.1%
Debt to equity ratio
US$530.09m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$43.85m |
| Equity | US$840.71m |
| Total liabilities | US$1.67b |
| Total assets | US$2.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3YT's short term assets ($312.8M) do not cover its short term liabilities ($447.9M).
Long Term Liabilities: 3YT's short term assets ($312.8M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 3YT's net debt to equity ratio (57.8%) is considered high.
Reducing Debt: 3YT's debt to equity ratio has reduced from 71.8% to 63.1% over the past 5 years.
Debt Coverage: 3YT's debt is well covered by operating cash flow (62.1%).
Interest Coverage: 3YT's interest payments on its debt are not well covered by EBIT (1.9x coverage).