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 $440.1M and total debt of $476.7M, which brings its debt-to-equity ratio to 108.3%. Its total assets and total liabilities are $2.2B and $1.7B respectively. Cracker Barrel Old Country Store's EBIT is $72.8M making its interest coverage ratio 3.5. It has cash and short-term investments of $12.0M.
Key information
108.3%
Debt to equity ratio
US$476.66m
Debt
Interest coverage ratio | 3.5x |
Cash | US$12.04m |
Equity | US$440.15m |
Total liabilities | US$1.72b |
Total assets | US$2.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OLD's short term assets ($278.2M) do not cover its short term liabilities ($454.2M).
Long Term Liabilities: OLD's short term assets ($278.2M) do not cover its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: OLD's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: OLD's debt to equity ratio has increased from 67.9% to 108.3% over the past 5 years.
Debt Coverage: OLD's debt is well covered by operating cash flow (35.5%).
Interest Coverage: OLD's interest payments on its debt are well covered by EBIT (3.5x coverage).