Performance Food Group Balance Sheet Health
Financial Health criteria checks 5/6
Performance Food Group has a total shareholder equity of $4.2B and total debt of $3.9B, which brings its debt-to-equity ratio to 93.3%. Its total assets and total liabilities are $14.4B and $10.2B respectively. Performance Food Group's EBIT is $825.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $42.5M.
Key information
93.3%
Debt to equity ratio
US$3.93b
Debt
| Interest coverage ratio | 3.4x |
| Cash | US$42.50m |
| Equity | US$4.21b |
| Total liabilities | US$10.19b |
| Total assets | US$14.40b |
Recent financial health updates
Performance Food Group (NYSE:PFGC) Seems To Use Debt Quite Sensibly
Nov 04
Is Performance Food Group (NYSE:PFGC) A Risky Investment?
Jul 31Here's Why Performance Food Group (NYSE:PFGC) Can Manage Its Debt Responsibly
Apr 26We 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 03Recent updates
Performance Food Group (NYSE:PFGC) Seems To Use Debt Quite Sensibly
Nov 04Are Investors Undervaluing Performance Food Group Company (NYSE:PFGC) By 38%?
Oct 21Does Performance Food Group (NYSE:PFGC) Deserve A Spot On Your Watchlist?
Oct 06Should You Think About Buying Performance Food Group Company (NYSE:PFGC) Now?
Sep 22Performance Food Group: A Solid Performance
Aug 15Is Performance Food Group (NYSE:PFGC) A Risky Investment?
Jul 31Here's Why We Think Performance Food Group (NYSE:PFGC) Is Well Worth Watching
Jun 26Performance Food Group Company (NYSE:PFGC) Not Flying Under The Radar
Jun 10Is There Now An Opportunity In Performance Food Group Company (NYSE:PFGC)?
May 24Performance Food Group Company: A Downgrade After A Tasty Run Higher
May 05Here'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 10Financial Position Analysis
Short Term Liabilities: PFGC's short term assets ($6.5B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: PFGC's short term assets ($6.5B) exceed its long term liabilities ($6.4B).
Debt to Equity History and Analysis
Debt Level: PFGC's net debt to equity ratio (92.3%) is considered high.
Reducing Debt: PFGC's debt to equity ratio has reduced from 165.9% to 93.3% over the past 5 years.
Debt Coverage: PFGC's debt is well covered by operating cash flow (28.8%).
Interest Coverage: PFGC's interest payments on its debt are well covered by EBIT (3.4x coverage).