PGT Innovations Balance Sheet Health
Financial Health criteria checks 4/6
PGT Innovations has a total shareholder equity of $659.9M and total debt of $612.1M, which brings its debt-to-equity ratio to 92.8%. Its total assets and total liabilities are $1.6B and $918.0M respectively. PGT Innovations's EBIT is $186.4M making its interest coverage ratio 6. It has cash and short-term investments of $32.7M.
Key information
92.8%
Debt to equity ratio
US$612.10m
Debt
| Interest coverage ratio | 6x |
| Cash | US$32.71m |
| Equity | US$659.87m |
| Total liabilities | US$918.01m |
| Total assets | US$1.58b |
Recent financial health updates
Is PGT Innovations (NYSE:PGTI) Using Too Much Debt?
Sep 29
Is PGT Innovations (NYSE:PGTI) A Risky Investment?
Jun 21Is PGT Innovations (NYSE:PGTI) Using Too Much Debt?
Feb 21Does PGT Innovations (NYSE:PGTI) Have A Healthy Balance Sheet?
Oct 07These 4 Measures Indicate That Innovations (NYSE:PGTI) Is Using Debt Reasonably Well
Jul 06Recent updates
Here's Why We Think PGT Innovations (NYSE:PGTI) Might Deserve Your Attention Today
Dec 14The Prognosis For PGT Innovations
Dec 11Is PGT Innovations, Inc. (NYSE:PGTI) Potentially Undervalued?
Nov 25An Intrinsic Calculation For PGT Innovations, Inc. (NYSE:PGTI) Suggests It's 33% Undervalued
Oct 14Is PGT Innovations (NYSE:PGTI) Using Too Much Debt?
Sep 29PGT Innovations: Heavy Storms Driving Growth, Stock Likely To Outperform
Sep 29PGT Innovations: Optimistic On Volume Outlook And Valuation Has Gotten Cheaper
Sep 13Should You Be Adding PGT Innovations (NYSE:PGTI) To Your Watchlist Today?
Sep 10PGT Innovations: Long-Term Tailwinds But Intensifying Competition
Aug 23Is There Now An Opportunity In PGT Innovations, Inc. (NYSE:PGTI)?
Jul 19Is PGT Innovations (NYSE:PGTI) A Risky Investment?
Jun 21If EPS Growth Is Important To You, PGT Innovations (NYSE:PGTI) Presents An Opportunity
Jun 06An Intrinsic Calculation For PGT Innovations, Inc. (NYSE:PGTI) Suggests It's 32% Undervalued
Apr 01PGT Innovations Non-GAAP EPS of $0.27 in-line, revenue of $340.93M beats by $8.93M, initiates Q1 outlook
Feb 22Is PGT Innovations (NYSE:PGTI) Using Too Much Debt?
Feb 21PGT Innovations: Best Nearby Building Industry Capital Gain Prospect
Feb 01With EPS Growth And More, PGT Innovations (NYSE:PGTI) Makes An Interesting Case
Jan 26Is PGT Innovations, Inc. (NYSE:PGTI) Potentially Undervalued?
Jan 12Is PGT Innovations, Inc. (NYSE:PGTI) Trading At A 49% Discount?
Dec 06PGT Innovations Non-GAAP EPS of $0.55 beats by $0.02, revenue of $386M beats by $1.02M
Nov 10PGT Innovations acquires Martin Door for $185M
Oct 17Does PGT Innovations (NYSE:PGTI) Have A Healthy Balance Sheet?
Oct 07At US$20.18, Is PGT Innovations, Inc. (NYSE:PGTI) Worth Looking At Closely?
Sep 19PGT Innovations Non-GAAP EPS of $0.67 beats by $0.22, revenue of $407M beats by $42.27M
Jul 26These 4 Measures Indicate That Innovations (NYSE:PGTI) Is Using Debt Reasonably Well
Jul 06Is Now The Time To Look At Buying PGT Innovations, Inc. (NYSE:PGTI)?
Jun 15Financial Position Analysis
Short Term Liabilities: PGTI's short term assets ($328.3M) exceed its short term liabilities ($134.2M).
Long Term Liabilities: PGTI's short term assets ($328.3M) do not cover its long term liabilities ($783.8M).
Debt to Equity History and Analysis
Debt Level: PGTI's net debt to equity ratio (87.8%) is considered high.
Reducing Debt: PGTI's debt to equity ratio has reduced from 95.2% to 92.8% over the past 5 years.
Debt Coverage: PGTI's debt is well covered by operating cash flow (32.2%).
Interest Coverage: PGTI's interest payments on its debt are well covered by EBIT (6x coverage).