Performance Food Group Balance Sheet Health
Financial Health criteria checks 5/6
Performance Food Group has a total shareholder equity of $3.9B and total debt of $3.5B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are $12.9B and $9.1B respectively. Performance Food Group's EBIT is $820.7M making its interest coverage ratio 3.6. It has cash and short-term investments of $16.4M.
Key information
90.7%
Debt to equity ratio
US$3.50b
Debt
Interest coverage ratio | 3.6x |
Cash | US$16.40m |
Equity | US$3.86b |
Total liabilities | US$9.05b |
Total assets | US$12.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P5F's short term assets ($6.0B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: P5F's short term assets ($6.0B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: P5F's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: P5F's debt to equity ratio has reduced from 98.5% to 90.7% over the past 5 years.
Debt Coverage: P5F's debt is well covered by operating cash flow (27.5%).
Interest Coverage: P5F's interest payments on its debt are well covered by EBIT (3.6x coverage).