Carrols Restaurant Group Balance Sheet Health
Financial Health criteria checks 1/6
Carrols Restaurant Group has a total shareholder equity of $185.2M and total debt of $419.2M, which brings its debt-to-equity ratio to 226.3%. Its total assets and total liabilities are $1.6B and $1.4B respectively. Carrols Restaurant Group's EBIT is $63.6M making its interest coverage ratio 2.2. It has cash and short-term investments of $44.5M.
Key information
226.3%
Debt to equity ratio
US$419.20m
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$44.50m |
| Equity | US$185.23m |
| Total liabilities | US$1.41b |
| Total assets | US$1.59b |
Recent financial health updates
Does Carrols Restaurant Group (NASDAQ:TAST) Have A Healthy Balance Sheet?
Nov 10
Is Carrols Restaurant Group (NASDAQ:TAST) A Risky Investment?
May 13Carrols Restaurant Group (NASDAQ:TAST) Has Debt But No Earnings; Should You Worry?
Jan 09Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
Sep 05Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
May 02Is Carrols Restaurant Group (NASDAQ:TAST) Using Too Much Debt?
Nov 01Recent updates
Carrols: No Meat Left On This Bone, Sell
Mar 28Carrols Restaurant Group, Inc.'s (NASDAQ:TAST) Share Price Boosted 30% But Its Business Prospects Need A Lift Too
Jan 17Solid Earnings Reflect Carrols Restaurant Group's (NASDAQ:TAST) Strength As A Business
Nov 17Does Carrols Restaurant Group (NASDAQ:TAST) Have A Healthy Balance Sheet?
Nov 10Is Carrols Restaurant Group (NASDAQ:TAST) A Risky Investment?
May 13Carrols Restaurant Group (NASDAQ:TAST) Has Debt But No Earnings; Should You Worry?
Jan 09Carrols Restaurant Group: Valuation Starting To Improve
Sep 26Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
Sep 05Carrols Restaurant Q2 2022 Earnings Preview
Aug 10Carrols Restaurant Group: A High-Risk Bet On The Restaurant Space
Jul 04Is Carrols Restaurant Group (NASDAQ:TAST) Using Debt Sensibly?
May 02Carrols Restaurant Group: High-Risk, High-Reward
Dec 22Is Carrols Restaurant Group (NASDAQ:TAST) Using Too Much Debt?
Nov 01Is Carrols Restaurant Group (NASDAQ:TAST) Using Too Much Debt?
Jun 03Is There An Opportunity With Carrols Restaurant Group, Inc.'s (NASDAQ:TAST) 44% Undervaluation?
Apr 16Are Insiders Buying Carrols Restaurant Group, Inc. (NASDAQ:TAST) Stock?
Mar 05Financial Position Analysis
Short Term Liabilities: TAST's short term assets ($99.7M) do not cover its short term liabilities ($205.0M).
Long Term Liabilities: TAST's short term assets ($99.7M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: TAST's net debt to equity ratio (202.3%) is considered high.
Reducing Debt: TAST's debt to equity ratio has increased from 148.2% to 226.3% over the past 5 years.
Debt Coverage: TAST's debt is well covered by operating cash flow (33.2%).
Interest Coverage: TAST's interest payments on its debt are not well covered by EBIT (2.2x coverage).