Aramark Balance Sheet Health
Financial Health criteria checks 2/6
Aramark has a total shareholder equity of $2.9B and total debt of $5.9B, which brings its debt-to-equity ratio to 208%. Its total assets and total liabilities are $12.4B and $9.6B respectively. Aramark's EBIT is $995.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $407.3M.
Key information
208.0%
Debt to equity ratio
US$5.94b
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$407.30m |
| Equity | US$2.85b |
| Total liabilities | US$9.56b |
| Total assets | US$12.42b |
Recent financial health updates
Aramark (NYSE:ARMK) Has A Somewhat Strained Balance Sheet
Mar 02
These 4 Measures Indicate That Aramark (NYSE:ARMK) Is Using Debt Extensively
Jul 31Aramark (NYSE:ARMK) Takes On Some Risk With Its Use Of Debt
Apr 14We Think Aramark (NYSE:ARMK) Is Taking Some Risk With Its Debt
Dec 08Aramark (NYSE:ARMK) Use Of Debt Could Be Considered Risky
Aug 10Recent updates
Is Now An Opportune Moment To Examine Aramark (NYSE:ARMK)?
Apr 25A Look At The Fair Value Of Aramark (NYSE:ARMK)
Apr 07Aramark (NYSE:ARMK) Has A Somewhat Strained Balance Sheet
Mar 02There May Be Underlying Issues With The Quality Of Aramark's (NYSE:ARMK) Earnings
Feb 13Lacklustre Performance Is Driving Aramark's (NYSE:ARMK) Low P/E
Feb 04Is There Now An Opportunity In Aramark (NYSE:ARMK)?
Jan 17Aramark: Bullish As Cheap Share Price Mixes Well In Soup Of Earnings Growth
Dec 13Time To Worry? Analysts Are Downgrading Their Aramark (NYSE:ARMK) Outlook
Oct 05Vestis: A Look At The Aramark Spinoff
Oct 03Calculating The Fair Value Of Aramark (NYSE:ARMK)
Sep 24At US$38.19, Is It Time To Put Aramark (NYSE:ARMK) On Your Watch List?
Sep 02Aramark (NYSE:ARMK) Is Paying Out A Dividend Of $0.11
Aug 05These 4 Measures Indicate That Aramark (NYSE:ARMK) Is Using Debt Extensively
Jul 31Aramark - The Investment Finally Pays Off, But Future Is More Difficult (Rating Downgrade)
Jul 26Aramark (NYSE:ARMK) Hasn't Managed To Accelerate Its Returns
Jul 05A Look At The Intrinsic Value Of Aramark (NYSE:ARMK)
Jun 21Does Aramark (NYSE:ARMK) Deserve A Spot On Your Watchlist?
May 26Aramark (NYSE:ARMK) Is Due To Pay A Dividend Of $0.11
May 10At US$33.71, Is Aramark (NYSE:ARMK) Worth Looking At Closely?
May 05Aramark (NYSE:ARMK) Takes On Some Risk With Its Use Of Debt
Apr 14Capital Allocation Trends At Aramark (NYSE:ARMK) Aren't Ideal
Mar 09Aramark: Not Making A Mark
Feb 15Aramark (NYSE:ARMK) Has Affirmed Its Dividend Of $0.11
Feb 10Aramark to sell 50% equity stake in AIM services to Mitsui & Co., Ltd. for $535M
Feb 02When Should You Buy Aramark (NYSE:ARMK)?
Jan 25Aramark Remains Attractive Ahead Of Its 2025 Target And Spin-Off Plan
Jan 21We Think Aramark (NYSE:ARMK) Is Taking Some Risk With Its Debt
Dec 08Aramark Q4 2022 Earnings Preview
Nov 14Aramark declares $0.11 dividend
Nov 08Calculating The Fair Value Of Aramark (NYSE:ARMK)
Oct 12At US$36.92, Is Aramark (NYSE:ARMK) Worth Looking At Closely?
Sep 21Aramark: Insufficient Upside And Fundamentals; I'm At A 'Hold'
Sep 02Aramark (NYSE:ARMK) Use Of Debt Could Be Considered Risky
Aug 10Financial Position Analysis
Short Term Liabilities: ARMK's short term assets ($3.2B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: ARMK's short term assets ($3.2B) do not cover its long term liabilities ($7.1B).
Debt to Equity History and Analysis
Debt Level: ARMK's net debt to equity ratio (193.7%) is considered high.
Reducing Debt: ARMK's debt to equity ratio has reduced from 222.5% to 208% over the past 5 years.
Debt Coverage: ARMK's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: ARMK's interest payments on its debt are not well covered by EBIT (2.3x coverage).