Sysco Balance Sheet Health
Financial Health criteria checks 2/6
Sysco has a total shareholder equity of $1.5B and total debt of $11.1B, which brings its debt-to-equity ratio to 751.9%. Its total assets and total liabilities are $22.1B and $20.6B respectively. Sysco's EBIT is $2.9B making its interest coverage ratio 5.7. It has cash and short-term investments of $500.3M.
Key information
751.9%
Debt to equity ratio
US$11.05b
Debt
| Interest coverage ratio | 5.7x |
| Cash | US$500.34m |
| Equity | US$1.47b |
| Total liabilities | US$20.62b |
| Total assets | US$22.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYY *'s short term assets ($10.4B) exceed its short term liabilities ($8.4B).
Long Term Liabilities: SYY *'s short term assets ($10.4B) do not cover its long term liabilities ($12.2B).
Debt to Equity History and Analysis
Debt Level: SYY *'s net debt to equity ratio (717.8%) is considered high.
Reducing Debt: SYY *'s debt to equity ratio has increased from 386% to 751.9% over the past 5 years.
Debt Coverage: SYY *'s debt is not well covered by operating cash flow (17.4%).
Interest Coverage: SYY *'s interest payments on its debt are well covered by EBIT (5.7x coverage).