Performance Food Group Balance Sheet Health
Financial Health criteria checks 5/6
Performance Food Group has a total shareholder equity of $4.2B and total debt of $3.9B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are $14.4B and $10.2B respectively. Performance Food Group's EBIT is $825.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $42.5M.
Key information
93.3%
Debt to equity ratio
US$3.93b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$42.50m |
| Equity | US$4.21b |
| Total liabilities | US$10.19b |
| Total assets | US$14.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P5F's short term assets ($6.5B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: P5F's short term assets ($6.5B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: P5F's net debt to equity ratio (92.3%) is considered high.
Reducing Debt: P5F's debt to equity ratio has reduced from 165.9% to 93.3% over the past 5 years.
Debt Coverage: P5F's debt is well covered by operating cash flow (28.8%).
Interest Coverage: P5F's interest payments on its debt are well covered by EBIT (3.4x coverage).