Graco Balance Sheet Health
Financial Health criteria checks 6/6
Graco has a total shareholder equity of $2.2B and total debt of $30.0M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are $2.7B and $497.8M respectively. Graco's EBIT is $602.0M making its interest coverage ratio 116. It has cash and short-term investments of $538.0M.
Key information
1.4%
Debt to equity ratio
US$30.04m
Debt
| Interest coverage ratio | 116x |
| Cash | US$537.95m |
| Equity | US$2.22b |
| Total liabilities | US$497.78m |
| Total assets | US$2.72b |
Recent financial health updates
We Think Graco (NYSE:GGG) Can Stay On Top Of Its Debt
Nov 15
Graco (NYSE:GGG) Seems To Use Debt Quite Sensibly
Aug 14These 4 Measures Indicate That Graco (NYSE:GGG) Is Using Debt Safely
May 05Is Graco (NYSE:GGG) A Risky Investment?
Jan 25Graco (NYSE:GGG) Has A Pretty Healthy Balance Sheet
Oct 08Recent updates
Some Investors May Be Worried About Graco's (NYSE:GGG) Returns On Capital
Apr 18Graco Inc.'s (NYSE:GGG) Price Is Out Of Tune With Earnings
Mar 28Graco: Solid Business But Expensive And Non-Resilient
Mar 23Is It Too Late To Consider Buying Graco Inc. (NYSE:GGG)?
Mar 17Is Now The Time To Put Graco (NYSE:GGG) On Your Watchlist?
Feb 12Calculating The Intrinsic Value Of Graco Inc. (NYSE:GGG)
Jan 29Graco: Many Reasons To Be Cautious
Jan 17Graco (NYSE:GGG) Is Increasing Its Dividend To $0.255
Jan 11Graco (NYSE:GGG) Is Reinvesting At Lower Rates Of Return
Jan 03Graco Inc.'s (NYSE:GGG) Shareholders Might Be Looking For Exit
Dec 20Graco (NYSE:GGG) Is Paying Out A Larger Dividend Than Last Year
Dec 07We Think Graco (NYSE:GGG) Can Stay On Top Of Its Debt
Nov 15Graco: Good Near And Long-Term Growth Prospects
Nov 06Calculating The Intrinsic Value Of Graco Inc. (NYSE:GGG)
Oct 19Capital Investments At Graco (NYSE:GGG) Point To A Promising Future
Sep 22Does Graco (NYSE:GGG) Deserve A Spot On Your Watchlist?
Sep 08Graco: A Good Long-Term Bet
Aug 26Graco (NYSE:GGG) Seems To Use Debt Quite Sensibly
Aug 14When Should You Buy Graco Inc. (NYSE:GGG)?
Jul 18Graco Inc. (NYSE:GGG) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jun 20Graco: Future Looks Bright As Margins Expand
Jun 12Here's Why We Think Graco (NYSE:GGG) Might Deserve Your Attention Today
Jun 05Graco: 2 Tales
May 28Why You Should Care About Graco's (NYSE:GGG) Strong Returns On Capital
May 21These 4 Measures Indicate That Graco (NYSE:GGG) Is Using Debt Safely
May 05Calculating The Fair Value Of Graco Inc. (NYSE:GGG)
Mar 21Does Graco (NYSE:GGG) Deserve A Spot On Your Watchlist?
Mar 07Graco declares $0.235 dividend
Feb 17A Look Into Graco's (NYSE:GGG) Impressive Returns On Capital
Feb 08Graco Q4 2022 Earnings Preview
Jan 29Is Graco (NYSE:GGG) A Risky Investment?
Jan 25Graco: Good Growth Prospects At A Reasonable Valuation
Dec 19Graco's (NYSE:GGG) Dividend Will Be Increased To $0.235
Dec 18Estimating The Intrinsic Value Of Graco Inc. (NYSE:GGG)
Dec 07Should You Be Adding Graco (NYSE:GGG) To Your Watchlist Today?
Nov 21Graco Remains On My Watchlist
Nov 11At US$68.26, Is Graco Inc. (NYSE:GGG) Worth Looking At Closely?
Nov 09Capital Investment Trends At Graco (NYSE:GGG) Look Strong
Oct 23Graco (NYSE:GGG) Has A Pretty Healthy Balance Sheet
Oct 08Graco declares $0.21 dividend
Sep 23Graco: Good Growth Story At An Expensive Valuation
Aug 22Graco Inc. (NYSE:GGG) Shares Could Be 22% Below Their Intrinsic Value Estimate
Aug 08If EPS Growth Is Important To You, Graco (NYSE:GGG) Presents An Opportunity
Jul 24Graco (NYSE:GGG) Looks To Prolong Its Impressive Returns
Jul 11Financial Position Analysis
Short Term Liabilities: GGG's short term assets ($1.4B) exceed its short term liabilities ($395.2M).
Long Term Liabilities: GGG's short term assets ($1.4B) exceed its long term liabilities ($102.6M).
Debt to Equity History and Analysis
Debt Level: GGG has more cash than its total debt.
Reducing Debt: GGG's debt to equity ratio has reduced from 36.9% to 1.4% over the past 5 years.
Debt Coverage: GGG's debt is well covered by operating cash flow (2167.5%).
Interest Coverage: GGG's interest payments on its debt are well covered by EBIT (116x coverage).