Chefs' Warehouse Balance Sheet Health
Financial Health criteria checks 1/6
Chefs' Warehouse has a total shareholder equity of $454.7M and total debt of $696.1M, which brings its debt-to-equity ratio to 153.1%. Its total assets and total liabilities are $1.7B and $1.3B respectively. Chefs' Warehouse's EBIT is $111.5M making its interest coverage ratio 2.5. It has cash and short-term investments of $49.9M.
Key information
153.1%
Debt to equity ratio
US$696.10m
Debt
Interest coverage ratio | 2.5x |
Cash | US$49.88m |
Equity | US$454.67m |
Total liabilities | US$1.25b |
Total assets | US$1.71b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CF's short term assets ($730.9M) exceed its short term liabilities ($385.8M).
Long Term Liabilities: 2CF's short term assets ($730.9M) do not cover its long term liabilities ($864.9M).
Debt to Equity History and Analysis
Debt Level: 2CF's net debt to equity ratio (142.1%) is considered high.
Reducing Debt: 2CF's debt to equity ratio has increased from 90.6% to 153.1% over the past 5 years.
Debt Coverage: 2CF's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 2CF's interest payments on its debt are not well covered by EBIT (2.5x coverage).