Guardian Pharmacy Services Balance Sheet Health
Financial Health criteria checks 3/6
Guardian Pharmacy Services has a total shareholder equity of $57.2M and total debt of $44.5M, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are $305.1M and $247.9M respectively. Guardian Pharmacy Services's EBIT is $34.1M making its interest coverage ratio 10.4. It has cash and short-term investments of $1.5M.
Key information
77.7%
Debt to equity ratio
US$44.46m
Debt
| Interest coverage ratio | 10.4x |
| Cash | US$1.54m |
| Equity | US$57.21m |
| Total liabilities | US$247.91m |
| Total assets | US$305.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRDN's short term assets ($146.7M) do not cover its short term liabilities ($162.6M).
Long Term Liabilities: GRDN's short term assets ($146.7M) exceed its long term liabilities ($85.3M).
Debt to Equity History and Analysis
Debt Level: GRDN's net debt to equity ratio (75%) is considered high.
Reducing Debt: GRDN's debt to equity ratio has increased from 60% to 77.7% over the past 5 years.
Debt Coverage: GRDN's debt is well covered by operating cash flow (151.1%).
Interest Coverage: GRDN's interest payments on its debt are well covered by EBIT (10.4x coverage).