Sysco Balance Sheet Health
Financial Health criteria checks 3/6
Sysco has a total shareholder equity of $2.1B and total debt of $12.2B, which brings its debt-to-equity ratio to 572.1%. Its total assets and total liabilities are $24.7B and $22.6B respectively. Sysco's EBIT is $2.9B making its interest coverage ratio 5.1. It has cash and short-term investments of $598.3M.
Key information
572.1%
Debt to equity ratio
US$12.21b
Debt
Interest coverage ratio | 5.1x |
Cash | US$598.32m |
Equity | US$2.13b |
Total liabilities | US$22.58b |
Total assets | US$24.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYY's short term assets ($11.2B) exceed its short term liabilities ($8.4B).
Long Term Liabilities: SYY's short term assets ($11.2B) do not cover its long term liabilities ($14.2B).
Debt to Equity History and Analysis
Debt Level: SYY's net debt to equity ratio (544.1%) is considered high.
Reducing Debt: SYY's debt to equity ratio has increased from 363% to 572.1% over the past 5 years.
Debt Coverage: SYY's debt is well covered by operating cash flow (23.1%).
Interest Coverage: SYY's interest payments on its debt are well covered by EBIT (5.1x coverage).