Driven Brands Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Driven Brands Holdings has a total shareholder equity of $962.8M and total debt of $2.8B, which brings its debt-to-equity ratio to 287.2%. Its total assets and total liabilities are $5.8B and $4.8B respectively. Driven Brands Holdings's EBIT is $302.8M making its interest coverage ratio 1.9. It has cash and short-term investments of $204.2M.
Key information
287.2%
Debt to equity ratio
US$2.77b
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$204.18m |
| Equity | US$962.81m |
| Total liabilities | US$4.80b |
| Total assets | US$5.76b |
Recent financial health updates
Driven Brands Holdings (NASDAQ:DRVN) Has No Shortage Of Debt
Oct 09
These 4 Measures Indicate That Driven Brands Holdings (NASDAQ:DRVN) Is Using Debt In A Risky Way
Jun 18Is Driven Brands Holdings (NASDAQ:DRVN) Using Too Much Debt?
Mar 04Recent updates
Shareholders Can Be Confident That Driven Brands Holdings' (NASDAQ:DRVN) Earnings Are High Quality
Nov 14Cautious Optimism Powers Driven Brands Holdings Earnings Drive
Nov 03Driven Brands Holdings (NASDAQ:DRVN) Has No Shortage Of Debt
Oct 09Driven Brands Holdings Inc.'s (NASDAQ:DRVN) P/S Still Appears To Be Reasonable
Sep 03Driven Brands Holdings: Pricing Strategy Is Working Out Well
Aug 02Returns At Driven Brands Holdings (NASDAQ:DRVN) Appear To Be Weighed Down
Jul 30These 4 Measures Indicate That Driven Brands Holdings (NASDAQ:DRVN) Is Using Debt In A Risky Way
Jun 18The Market Doesn't Like What It Sees From Driven Brands Holdings Inc.'s (NASDAQ:DRVN) Revenues Yet As Shares Tumble 26%
May 10The Returns At Driven Brands Holdings (NASDAQ:DRVN) Aren't Growing
May 01Driven Brands: I Expect Margin Expansion And Guidance Beat (Rating Upgrade)
Mar 05Is Driven Brands Holdings (NASDAQ:DRVN) Using Too Much Debt?
Mar 04Emeth Value Capital - Driven Brands Holdings: Mr. Market's Irrationality Already In Full Onset
Feb 11There's Reason For Concern Over Driven Brands Holdings Inc.'s (NASDAQ:DRVN) Price
Feb 06Driven Brands Holdings' (NASDAQ:DRVN) Returns On Capital Are Heading Higher
Jan 07Driven Brands Holdings (NASDAQ:DRVN) Has More To Do To Multiply In Value Going Forward
Oct 01Why Driven Brands Holdings Inc. (NASDAQ:DRVN) Could Be Worth Watching
Aug 19Returns At Driven Brands Holdings (NASDAQ:DRVN) Appear To Be Weighed Down
Jul 02Is There An Opportunity With Driven Brands Holdings Inc.'s (NASDAQ:DRVN) 35% Undervaluation?
Jun 17Is Now The Time To Look At Buying Driven Brands Holdings Inc. (NASDAQ:DRVN)?
May 07Some Confidence Is Lacking In Driven Brands Holdings Inc.'s (NASDAQ:DRVN) P/S
Apr 18Driven Brands Holdings (NASDAQ:DRVN) Is Looking To Continue Growing Its Returns On Capital
Mar 21We Like These Underlying Return On Capital Trends At Driven Brands Holdings (NASDAQ:DRVN)
Dec 06Driven Brands announces $365M securitization issue
Oct 05Driven Brands: A Promising Roll-Up Strategy
Sep 22Driven Brands acquires Auto Glass Fitters to expand East Coast footprint
Sep 08Driven Brands Non-GAAP EPS of $0.35 beats by $0.06, revenue of $508.6M beats by $28.23M
Jul 27A Look At The Fair Value Of Driven Brands Holdings Inc. (NASDAQ:DRVN)
Jun 14Return Trends At Driven Brands Holdings (NASDAQ:DRVN) Aren't Appealing
May 18Financial Position Analysis
Short Term Liabilities: DRVN's short term assets ($747.2M) exceed its short term liabilities ($393.7M).
Long Term Liabilities: DRVN's short term assets ($747.2M) do not cover its long term liabilities ($4.4B).
Debt to Equity History and Analysis
Debt Level: DRVN's net debt to equity ratio (266%) is considered high.
Reducing Debt: DRVN's debt to equity ratio has reduced from 355.4% to 287.2% over the past 5 years.
Debt Coverage: DRVN's debt is not well covered by operating cash flow (8.4%).
Interest Coverage: DRVN's interest payments on its debt are not well covered by EBIT (1.9x coverage).