Bowlero Balance Sheet Health
Financial Health criteria checks 1/6
Bowlero has a total shareholder equity of $39.4M and total debt of $1.6B, which brings its debt-to-equity ratio to 4015.2%. Its total assets and total liabilities are $3.2B and $3.2B respectively. Bowlero's EBIT is $167.4M making its interest coverage ratio 1.2. It has cash and short-term investments of $190.0M.
Key information
4,015.2%
Debt to equity ratio
US$1.58b
Debt
| Interest coverage ratio | 1.2x |
| Cash | US$189.96m |
| Equity | US$39.36m |
| Total liabilities | US$3.15b |
| Total assets | US$3.19b |
Recent financial health updates
Recent updates
Investors Will Want Bowlero's (NYSE:BOWL) Growth In ROCE To Persist
Apr 26
Is Bowlero (NYSE:BOWL) Using Too Much Debt?
Mar 22Bowlero Corp. (NYSE:BOWL) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Feb 12Bowlero: Time To Take Profits (Rating Downgrade)
Feb 08Bowlero Corp.'s (NYSE:BOWL) Intrinsic Value Is Potentially 45% Above Its Share Price
Jan 21Bowlero: Is The Rally Just Beginning?
Jan 04Bowlero Has The Ball Rolling
Nov 25Shareholders Can Be Confident That Bowlero's (NYSE:BOWL) Earnings Are High Quality
Sep 19Bowlero: Set For Transformational Year
Sep 11Returns Are Gaining Momentum At Bowlero (NYSE:BOWL)
Sep 01Bowlero: Bullish On The Long-Term Outlook
Aug 31Bowlero Corp.'s (NYSE:BOWL) Price Is Out Of Tune With Revenues
Jul 19Bowlero: Huge Drop In Share Price Is Another Buying Opportunity
Jul 09Does This Valuation Of Bowlero Corp. (NYSE:BOWL) Imply Investors Are Overpaying?
Jun 11Bowlero: A Gutterball For Now, But A Strike In The Long Run
Jun 07Bowlero's (NYSE:BOWL) Returns On Capital Are Heading Higher
May 24Bowlero: The Growth Story Continues
Feb 19Bowlero (NYSE:BOWL) Is Experiencing Growth In Returns On Capital
Feb 16Bowlero closes $900M term loan
Feb 08Is There An Opportunity With Bowlero Corp.'s (NYSE:BOWL) 32% Undervaluation?
Jan 26Bowlero: Who Says Making Money Can't Be Fun?
Dec 20Bowlero Corp. (NYSE:BOWL) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Nov 19Bowlero buys additional centers in California and Iowa
Oct 27Bowlero Corp.'s (NYSE:BOWL) Intrinsic Value Is Potentially 60% Above Its Share Price
Oct 16Bowlero continues Midwest expansion with two acquisitions in the Omaha market
Oct 13Financial Position Analysis
Short Term Liabilities: BOWL's short term assets ($237.4M) exceed its short term liabilities ($195.1M).
Long Term Liabilities: BOWL's short term assets ($237.4M) do not cover its long term liabilities ($3.0B).
Debt to Equity History and Analysis
Debt Level: BOWL's net debt to equity ratio (3532.5%) is considered high.
Reducing Debt: BOWL's debt to equity ratio has increased from 239.2% to 4015.2% over the past 5 years.
Debt Coverage: BOWL's debt is not well covered by operating cash flow (11%).
Interest Coverage: BOWL's interest payments on its debt are not well covered by EBIT (1.2x coverage).