Portillo's Balance Sheet Health
Financial Health criteria checks 1/6
Portillo's has a total shareholder equity of $460.1M and total debt of $306.4M, which brings its debt-to-equity ratio to 66.6%. Its total assets and total liabilities are $1.4B and $925.4M respectively. Portillo's's EBIT is $54.6M making its interest coverage ratio 2. It has cash and short-term investments of $10.4M.
Key information
66.6%
Debt to equity ratio
US$306.42m
Debt
| Interest coverage ratio | 2x |
| Cash | US$10.44m |
| Equity | US$460.11m |
| Total liabilities | US$925.43m |
| Total assets | US$1.39b |
Recent financial health updates
No updates
Recent updates
Is Now An Opportune Moment To Examine Portillo's Inc. (NASDAQ:PTLO)?
Apr 28
Portillo's: Delicious Food, Tasty Valuation
Mar 22Portillo's Q4: Depressed Valuation Continues To Be Buying Opportunity
Mar 13Portillo's Inc. (NASDAQ:PTLO) Not Flying Under The Radar
Feb 28Portillo's: Getting More Interesting But Still Not A Buy
Jan 12What Does Portillo's Inc.'s (NASDAQ:PTLO) Share Price Indicate?
Jan 04Portillo's Inc.'s (NASDAQ:PTLO) P/S Still Appears To Be Reasonable
Nov 03Portillo's: Long Runway Of Growth In A Big TAM
Oct 07Portillo's Will Do Better As It Grows
Sep 09Portillo's: Second Quarter Sales Outperformance Solidify Strong Long-Term Growth Thesis
Aug 11Portillo’s Q2 2022 Earnings Preview
Aug 03Portillo's: Valuation Improving After The Drop
Jun 03Portillo's: Significant First Quarter Sales Growth Solidifies Long-Term Outperformance Thesis
May 10Portillo's: Solid Long-Term Thesis Remains Intact On Strong Fourth Quarter Sales Growth
Mar 19Portillo's: Solid Business With Potential For Significant Growth
Jan 25Portillo's: Exceptional Growth, But At A Price
Dec 28Portillo's: Served Too Hot
Oct 28Financial Position Analysis
Short Term Liabilities: PTLO's short term assets ($41.9M) do not cover its short term liabilities ($104.9M).
Long Term Liabilities: PTLO's short term assets ($41.9M) do not cover its long term liabilities ($820.5M).
Debt to Equity History and Analysis
Debt Level: PTLO's net debt to equity ratio (64.3%) is considered high.
Reducing Debt: Insufficient data to determine if PTLO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PTLO's debt is well covered by operating cash flow (23.1%).
Interest Coverage: PTLO's interest payments on its debt are not well covered by EBIT (2x coverage).