SiteOne Landscape Supply Balance Sheet Health
Financial Health criteria checks 6/6
SiteOne Landscape Supply has a total shareholder equity of $1.5B and total debt of $372.9M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are $2.8B and $1.3B respectively. SiteOne Landscape Supply's EBIT is $256.8M making its interest coverage ratio 9.5. It has cash and short-term investments of $90.9M.
Key information
25.1%
Debt to equity ratio
US$372.90m
Debt
| Interest coverage ratio | 9.5x |
| Cash | US$90.90m |
| Equity | US$1.49b |
| Total liabilities | US$1.34b |
| Total assets | US$2.83b |
Recent financial health updates
Does SiteOne Landscape Supply (NYSE:SITE) Have A Healthy Balance Sheet?
Mar 02
Does SiteOne Landscape Supply (NYSE:SITE) Have A Healthy Balance Sheet?
Oct 22We Think SiteOne Landscape Supply (NYSE:SITE) Can Stay On Top Of Its Debt
Jul 16These 4 Measures Indicate That SiteOne Landscape Supply (NYSE:SITE) Is Using Debt Reasonably Well
Dec 27These 4 Measures Indicate That SiteOne Landscape Supply (NYSE:SITE) Is Using Debt Safely
Sep 26Recent updates
Returns On Capital At SiteOne Landscape Supply (NYSE:SITE) Have Stalled
Apr 21Investors Still Waiting For A Pull Back In SiteOne Landscape Supply, Inc. (NYSE:SITE)
Apr 03SiteOne Landscape To Remain On Shaky Grounds Before The Recovery
Mar 22Does SiteOne Landscape Supply (NYSE:SITE) Have A Healthy Balance Sheet?
Mar 02SiteOne Landscape Supply: Water The Flowers, Not The Weeds
Feb 19Is There Now An Opportunity In SiteOne Landscape Supply, Inc. (NYSE:SITE)?
Feb 08Slowing Rates Of Return At SiteOne Landscape Supply (NYSE:SITE) Leave Little Room For Excitement
Jan 20SiteOne Landscape Supply, Inc.'s (NYSE:SITE) Business Is Trailing The Market But Its Shares Aren't
Jan 02SiteOne Landscape Supply: It Is Better To Avoid It
Nov 19Is Now An Opportune Moment To Examine SiteOne Landscape Supply, Inc. (NYSE:SITE)?
Nov 09Does SiteOne Landscape Supply (NYSE:SITE) Have A Healthy Balance Sheet?
Oct 22Returns At SiteOne Landscape Supply (NYSE:SITE) Appear To Be Weighed Down
Oct 03SiteOne Landscape Supply Lacks The Push But Remains Stable
Sep 04Is Now The Time To Look At Buying SiteOne Landscape Supply, Inc. (NYSE:SITE)?
Aug 03We Think SiteOne Landscape Supply (NYSE:SITE) Can Stay On Top Of Its Debt
Jul 16Returns On Capital At SiteOne Landscape Supply (NYSE:SITE) Have Hit The Brakes
Jun 28Is Now The Time To Look At Buying SiteOne Landscape Supply, Inc. (NYSE:SITE)?
Apr 28SiteOne Landscape Supply's (NYSE:SITE) Returns On Capital Are Heading Higher
Mar 25SiteOne Landscape Supply, Inc.'s (NYSE:SITE) Intrinsic Value Is Potentially 26% Below Its Share Price
Mar 10SiteOne Landscape Q4 2022 Earnings Preview
Feb 14Is SiteOne Landscape Supply, Inc. (NYSE:SITE) Potentially Undervalued?
Jan 10These 4 Measures Indicate That SiteOne Landscape Supply (NYSE:SITE) Is Using Debt Reasonably Well
Dec 27SiteOne Landscape completes acquisition of Whittlesey Landscape Supplies & Recycling
Dec 22Returns Are Gaining Momentum At SiteOne Landscape Supply (NYSE:SITE)
Dec 14Here's Why SiteOne Landscape Supply (NYSE:SITE) Has Caught The Eye Of Investors
Dec 01SiteOne Landscape Q3 2022 Earnings Preview
Nov 01Calculating The Fair Value Of SiteOne Landscape Supply, Inc. (NYSE:SITE)
Nov 01Is It Too Late To Consider Buying SiteOne Landscape Supply, Inc. (NYSE:SITE)?
Oct 08These 4 Measures Indicate That SiteOne Landscape Supply (NYSE:SITE) Is Using Debt Safely
Sep 26SiteOne Landscape Supply: Nearly Worth Pulling The Trigger On
Sep 15Returns Are Gaining Momentum At SiteOne Landscape Supply (NYSE:SITE)
Sep 12Is Now The Time To Put SiteOne Landscape Supply (NYSE:SITE) On Your Watchlist?
Aug 31SiteOne Landscape completes acquisition of Jim Stone Co. of Louisiana
Aug 22SiteOne Landscape reports mixed Q2 earnings; raises FY22 Adjusted EBITDA guidance
Aug 03SiteOne Landscape Supply, Inc.'s (NYSE:SITE) Intrinsic Value Is Potentially 41% Above Its Share Price
Jul 24Financial Position Analysis
Short Term Liabilities: SITE's short term assets ($1.4B) exceed its short term liabilities ($578.3M).
Long Term Liabilities: SITE's short term assets ($1.4B) exceed its long term liabilities ($764.5M).
Debt to Equity History and Analysis
Debt Level: SITE's net debt to equity ratio (19%) is considered satisfactory.
Reducing Debt: SITE's debt to equity ratio has reduced from 185.6% to 25.1% over the past 5 years.
Debt Coverage: SITE's debt is well covered by operating cash flow (79.8%).
Interest Coverage: SITE's interest payments on its debt are well covered by EBIT (9.5x coverage).