Performance Food Group Balance Sheet Health
Financial Health criteria checks 5/6
Performance Food Group has a total shareholder equity of $3.9B and total debt of $3.5B, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are $12.9B and $9.1B respectively. Performance Food Group's EBIT is $820.7M making its interest coverage ratio 3.6. It has cash and short-term investments of $16.4M.
Key information
90.7%
Debt to equity ratio
US$3.50b
Debt
| Interest coverage ratio | 3.6x |
| Cash | US$16.40m |
| Equity | US$3.86b |
| Total liabilities | US$9.05b |
| Total assets | US$12.91b |
Recent financial health updates
Here's Why Performance Food Group (NYSE:PFGC) Can Manage Its Debt Responsibly
Apr 26
We Think Performance Food Group (NYSE:PFGC) Can Stay On Top Of Its Debt
Dec 13Performance Food Group (NYSE:PFGC) Takes On Some Risk With Its Use Of Debt
Aug 09Is Performance Food Group (NYSE:PFGC) Using Too Much Debt?
May 03Is Performance Food Group (NYSE:PFGC) A Risky Investment?
Jan 01We Think Performance Food Group (NYSE:PFGC) Is Taking Some Risk With Its Debt
Sep 26Recent updates
Here's Why Performance Food Group (NYSE:PFGC) Can Manage Its Debt Responsibly
Apr 26We Ran A Stock Scan For Earnings Growth And Performance Food Group (NYSE:PFGC) Passed With Ease
Mar 26Performance Food Group Company's (NYSE:PFGC) Earnings Haven't Escaped The Attention Of Investors
Mar 11A Look At The Intrinsic Value Of Performance Food Group Company (NYSE:PFGC)
Feb 24At US$71.49, Is Performance Food Group Company (NYSE:PFGC) Worth Looking At Closely?
Jan 30Performance Food Group: Favorably Situated In The Growing Food-Away-From-Home Market
Jan 12We Think Performance Food Group (NYSE:PFGC) Can Stay On Top Of Its Debt
Dec 13We Discuss Whether Performance Food Group Company's (NYSE:PFGC) CEO Is Due For A Pay Rise
Nov 24Performance Food Group: The Divergence Between Price And Fundamentals Is Bullish
Oct 25Is It Time To Consider Buying Performance Food Group Company (NYSE:PFGC)?
Oct 23With EPS Growth And More, Performance Food Group (NYSE:PFGC) Makes An Interesting Case
Sep 14Performance Food Group: Ranking Against Its Competitors
Aug 13Performance Food Group (NYSE:PFGC) Takes On Some Risk With Its Use Of Debt
Aug 09Is Now An Opportune Moment To Examine Performance Food Group Company (NYSE:PFGC)?
Jul 24Is There An Opportunity With Performance Food Group Company's (NYSE:PFGC) 42% Undervaluation?
Jun 12If EPS Growth Is Important To You, Performance Food Group (NYSE:PFGC) Presents An Opportunity
May 29Is Performance Food Group (NYSE:PFGC) Using Too Much Debt?
May 03Is Now The Time To Look At Buying Performance Food Group Company (NYSE:PFGC)?
Apr 18Is Now The Time To Put Performance Food Group (NYSE:PFGC) On Your Watchlist?
Feb 26Performance Food Group Company: Strong Performance Justifies Further Upside
Feb 24Performance Food Group FQ2 2023 Earnings Preview
Feb 07Is There An Opportunity With Performance Food Group Company's (NYSE:PFGC) 43% Undervaluation?
Feb 01What Does Performance Food Group Company's (NYSE:PFGC) Share Price Indicate?
Jan 16Is Performance Food Group (NYSE:PFGC) A Risky Investment?
Jan 01Performance Food Group Has Ample Scale, But Margins Need To Get Better
Dec 15Feast On 3 Top Food Stocks For Thanksgiving To Take A Bite Out Of Inflation
Nov 16Most Shareholders Will Probably Agree With Performance Food Group Company's (NYSE:PFGC) CEO Compensation
Nov 10Performance Food Group Non-GAAP EPS of $1.08 beats by $0.28, revenue of $14.72B beats by $280M
Nov 09At US$45.81, Is Performance Food Group Company (NYSE:PFGC) Worth Looking At Closely?
Oct 18Performance Food Group Company: Cheap Enough To Offer Upside
Oct 03We Think Performance Food Group (NYSE:PFGC) Is Taking Some Risk With Its Debt
Sep 26Performance Food reaffirms financial outlook
Sep 13Performance Food Group Q4 2022 Earnings Preview
Aug 16Performance Food Group announces CFO transition
Aug 10Performance Food: A Defensive Pick Poised To Ride Out Any Macro Turbulence
Jul 24Performance Food Group Company promotes 4 vice presidents to senior vice presidents
Jul 05Performance Food Group reaffirms FY22 guidance, sets 3 years targets
Jun 29Is Performance Food Group (NYSE:PFGC) Using Too Much Debt?
Jun 20Performance Food: A Somewhat Stable Business In Unstable Times
May 09Is Performance Food Group (NYSE:PFGC) A Risky Investment?
Mar 06Financial Position Analysis
Short Term Liabilities: PFGC's short term assets ($6.0B) exceed its short term liabilities ($3.5B).
Long Term Liabilities: PFGC's short term assets ($6.0B) exceed its long term liabilities ($5.6B).
Debt to Equity History and Analysis
Debt Level: PFGC's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: PFGC's debt to equity ratio has reduced from 98.5% to 90.7% over the past 5 years.
Debt Coverage: PFGC's debt is well covered by operating cash flow (27.5%).
Interest Coverage: PFGC's interest payments on its debt are well covered by EBIT (3.6x coverage).