Boyd Group Services Balance Sheet Health
Financial Health criteria checks 2/6
Boyd Group Services has a total shareholder equity of $837.7M and total debt of $496.5M, which brings its debt-to-equity ratio to 59.3%. Its total assets and total liabilities are $2.5B and $1.6B respectively. Boyd Group Services's EBIT is $148.4M making its interest coverage ratio 2.4. It has cash and short-term investments of $15.5M.
Key information
59.3%
Debt to equity ratio
US$496.51m
Debt
| Interest coverage ratio | 2.4x |
| Cash | US$15.53m |
| Equity | US$837.70m |
| Total liabilities | US$1.62b |
| Total assets | US$2.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYDG.F's short term assets ($269.9M) do not cover its short term liabilities ($441.0M).
Long Term Liabilities: BYDG.F's short term assets ($269.9M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: BYDG.F's net debt to equity ratio (57.4%) is considered high.
Reducing Debt: BYDG.F's debt to equity ratio has reduced from 63.7% to 59.3% over the past 5 years.
Debt Coverage: BYDG.F's debt is well covered by operating cash flow (65.6%).
Interest Coverage: BYDG.F's interest payments on its debt are not well covered by EBIT (2.4x coverage).