Chefs' Warehouse Balance Sheet Health
Financial Health criteria checks 1/6
Chefs' Warehouse has a total shareholder equity of $480.3M and total debt of $680.6M, which brings its debt-to-equity ratio to 141.7%. Its total assets and total liabilities are $1.8B and $1.3B respectively. Chefs' Warehouse's EBIT is $121.8M making its interest coverage ratio 2.5. It has cash and short-term investments of $50.7M.
Key information
141.7%
Debt to equity ratio
US$680.62m
Debt
| Interest coverage ratio | 2.5x |
| Cash | US$50.71m |
| Equity | US$480.35m |
| Total liabilities | US$1.29b |
| Total assets | US$1.77b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2CF's short term assets ($792.3M) exceed its short term liabilities ($429.1M).
Long Term Liabilities: 2CF's short term assets ($792.3M) do not cover its long term liabilities ($864.2M).
Debt to Equity History and Analysis
Debt Level: 2CF's net debt to equity ratio (131.1%) is considered high.
Reducing Debt: 2CF's debt to equity ratio has increased from 87% to 141.7% over the past 5 years.
Debt Coverage: 2CF's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: 2CF's interest payments on its debt are not well covered by EBIT (2.5x coverage).