Carrols Restaurant Group Balance Sheet Health
Financial Health criteria checks 1/6
Carrols Restaurant Group has a total shareholder equity of $185.2M and total debt of $419.2M, which brings its debt-to-equity ratio to 226.3%. Its total assets and total liabilities are $1.6B and $1.4B respectively. Carrols Restaurant Group's EBIT is $63.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $44.5M.
Key information
226.3%
Debt to equity ratio
US$419.20m
Debt
Interest coverage ratio | 2.2x |
Cash | US$44.50m |
Equity | US$185.23m |
Total liabilities | US$1.41b |
Total assets | US$1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XQC's short term assets ($99.7M) do not cover its short term liabilities ($205.0M).
Long Term Liabilities: XQC's short term assets ($99.7M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: XQC's net debt to equity ratio (202.3%) is considered high.
Reducing Debt: XQC's debt to equity ratio has increased from 148.2% to 226.3% over the past 5 years.
Debt Coverage: XQC's debt is well covered by operating cash flow (33.2%).
Interest Coverage: XQC's interest payments on its debt are not well covered by EBIT (2.2x coverage).