Portillo's Balance Sheet Health
Financial Health criteria checks 1/6
Portillo's has a total shareholder equity of $477.6M and total debt of $302.2M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are $1.5B and $993.8M respectively. Portillo's's EBIT is $57.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $18.5M.
Key information
63.3%
Debt to equity ratio
US$302.24m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$18.52m |
| Equity | US$477.59m |
| Total liabilities | US$993.83m |
| Total assets | US$1.47b |
Recent financial health updates
Is Portillo's (NASDAQ:PTLO) Using Too Much Debt?
Oct 08
Is Portillo's (NASDAQ:PTLO) Using Too Much Debt?
Jun 21Recent updates
Portillo's: Weak Same-Store Sales Are Concerning (Rating Downgrade)
Nov 20Portillo's: Bank On This Turnaround As Hot Dog Chain Goes Nationwide
Oct 14Is Portillo's (NASDAQ:PTLO) Using Too Much Debt?
Oct 08Portillo's: A Hidden Gem Investment In The Fast-Casual Restaurant Industry
Oct 07Is Portillo's Inc. (NASDAQ:PTLO) Potentially Undervalued?
Sep 14Portillo's: Activist Involvement Should Improve Expansion Efforts
Sep 04What Portillo's Inc.'s (NASDAQ:PTLO) 25% Share Price Gain Is Not Telling You
Aug 21Portillo's: Buying The Beef And The Stock
Jun 30Is Portillo's (NASDAQ:PTLO) Using Too Much Debt?
Jun 21Portillo's: Great Promise Of Growth, High Debts And A Lot Of Speculation
May 10Portillo's Inc.'s (NASDAQ:PTLO) Popularity With Investors Under Threat As Stock Sinks 25%
May 10Is Now An Opportune Moment To Examine Portillo's Inc. (NASDAQ:PTLO)?
Apr 28Portillo'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 25Financial Position Analysis
Short Term Liabilities: PTLO's short term assets ($46.9M) do not cover its short term liabilities ($124.3M).
Long Term Liabilities: PTLO's short term assets ($46.9M) do not cover its long term liabilities ($869.5M).
Debt to Equity History and Analysis
Debt Level: PTLO's net debt to equity ratio (59.4%) 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 (29.5%).
Interest Coverage: PTLO's interest payments on its debt are not well covered by EBIT (2.2x coverage).