Cracker Barrel Old Country Store Balance Sheet Health
Financial Health criteria checks 2/6
Cracker Barrel Old Country Store has a total shareholder equity of $462.0M and total debt of $452.3M, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are $2.2B and $1.7B respectively. Cracker Barrel Old Country Store's EBIT is $114.2M making its interest coverage ratio 6. It has cash and short-term investments of $12.6M.
Key information
97.9%
Debt to equity ratio
US$452.28m
Debt
Interest coverage ratio | 6x |
Cash | US$12.60m |
Equity | US$461.97m |
Total liabilities | US$1.72b |
Total assets | US$2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLD's short term assets ($267.8M) do not cover its short term liabilities ($458.8M).
Long Term Liabilities: OLD's short term assets ($267.8M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: OLD's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: OLD's debt to equity ratio has increased from 63.9% to 97.9% over the past 5 years.
Debt Coverage: OLD's debt is well covered by operating cash flow (46.8%).
Interest Coverage: OLD's interest payments on its debt are well covered by EBIT (6x coverage).