Darden Restaurants Balance Sheet Health
Financial Health criteria checks 2/6
Darden Restaurants has a total shareholder equity of $2.1B and total debt of $1.7B, which brings its debt-to-equity ratio to 80.1%. Its total assets and total liabilities are $11.4B and $9.2B respectively. Darden Restaurants's EBIT is $1.3B making its interest coverage ratio 9.2. It has cash and short-term investments of $192.5M.
Key information
80.1%
Debt to equity ratio
US$1.72b
Debt
| Interest coverage ratio | 9.2x |
| Cash | US$192.50m |
| Equity | US$2.14b |
| Total liabilities | US$9.21b |
| Total assets | US$11.36b |
Recent financial health updates
Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
Oct 13
Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
May 12Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Feb 09Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Nov 10These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well
Aug 07Recent updates
A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Nov 18Darden Restaurants (NYSE:DRI) Might Have The Makings Of A Multi-Bagger
Nov 06Darden Restaurants (NYSE:DRI) Ticks All The Boxes When It Comes To Earnings Growth
Oct 25Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
Oct 13Darden Restaurants: Partnership With Uber Could Bring Incremental Sales
Sep 25Darden Restaurants: Olive Garden May Surprise Positively
Sep 16Most Shareholders Will Probably Find That The CEO Compensation For Darden Restaurants, Inc. (NYSE:DRI) Is Reasonable
Sep 12Shareholders Should Be Pleased With Darden Restaurants, Inc.'s (NYSE:DRI) Price
Sep 03Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?
Aug 20Darden Restaurants: Rating Downgrade As Near-Term Demand Outlook Is Not Looking Good
Jul 17Darden Restaurants (NYSE:DRI) Is Increasing Its Dividend To $1.40
Jun 26Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 21% Below Their Intrinsic Value Estimate
Jun 17Darden's Earnings Preview: Comparing LongHorn Steakhouse Vs. Texas Roadhouse
Jun 14Darden Restaurants (NYSE:DRI) May Have Issues Allocating Its Capital
May 24Here's Why Darden Restaurants (NYSE:DRI) Can Manage Its Debt Responsibly
May 12Darden Restaurants, Inc.'s (NYSE:DRI) P/E Still Appears To Be Reasonable
Apr 28Darden Restaurants: Staying On The Sidelines Until More Positive SSS Performance
Apr 21Should You Think About Buying Darden Restaurants, Inc. (NYSE:DRI) Now?
Apr 16Darden Restaurants: Still Not Tasty Enough, But Earnings Might Change That
Mar 19Should You Be Adding Darden Restaurants (NYSE:DRI) To Your Watchlist Today?
Mar 04Estimating The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Feb 21Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Feb 09Some Confidence Is Lacking In Darden Restaurants, Inc.'s (NYSE:DRI) P/E
Jan 16Is It Too Late To Consider Buying Darden Restaurants, Inc. (NYSE:DRI)?
Dec 16Darden: Locking In Rapid-Return Gains, Stock Fairly Valued
Dec 15Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital
Dec 04Is Darden Restaurants (NYSE:DRI) Using Too Much Debt?
Nov 10Darden Remains Solid, But Isn't Immune To Industry Trends
Oct 24Darden Restaurants, Inc. (NYSE:DRI) Shares Could Be 27% Below Their Intrinsic Value Estimate
Oct 16Here's Why Darden Restaurants (NYSE:DRI) Has Caught The Eye Of Investors
Oct 04Darden: Stable SSS Over The Next Few Quarters Should Drive Multiples Reversion To Mean
Oct 03Darden Restaurants: Another Trade Following Fiscal Q1 Earnings
Sep 21What Does Darden Restaurants, Inc.'s (NYSE:DRI) Share Price Indicate?
Sep 06Darden Restaurants: Increased Consumer Dining Spend
Sep 01Here's What's Concerning About Darden Restaurants' (NYSE:DRI) Returns On Capital
Aug 21These 4 Measures Indicate That Darden Restaurants (NYSE:DRI) Is Using Debt Reasonably Well
Aug 07A Look At The Intrinsic Value Of Darden Restaurants, Inc. (NYSE:DRI)
Jul 09Darden Restaurants (NYSE:DRI) Has Announced That It Will Be Increasing Its Dividend To $1.31
Jun 25Financial Position Analysis
Short Term Liabilities: DRI's short term assets ($819.6M) do not cover its short term liabilities ($2.3B).
Long Term Liabilities: DRI's short term assets ($819.6M) do not cover its long term liabilities ($6.9B).
Debt to Equity History and Analysis
Debt Level: DRI's net debt to equity ratio (71.1%) is considered high.
Reducing Debt: DRI's debt to equity ratio has increased from 39% to 80.1% over the past 5 years.
Debt Coverage: DRI's debt is well covered by operating cash flow (94.1%).
Interest Coverage: DRI's interest payments on its debt are well covered by EBIT (9.2x coverage).