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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/03/27 04:54 |
| End of Day Share Price | 2024/03/27 00:00 |
| Earnings | 2023/12/30 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PGT Innovations, Inc. is covered by 19 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ishan Majumdar | Baptista Research |
| Alexander Rygiel | B. Riley Securities, Inc. |
| Steven Dyer | Craig-Hallum Capital Group LLC |