Pizza Pizza Royalty Balance Sheet Health
Financial Health criteria checks 4/6
Pizza Pizza Royalty has a total shareholder equity of CA$298.9M and total debt of CA$47.0M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are CA$374.2M and CA$75.3M respectively. Pizza Pizza Royalty's EBIT is CA$39.3M making its interest coverage ratio 46.1. It has cash and short-term investments of CA$6.3M.
Key information
15.7%
Debt to equity ratio
CA$46.99m
Debt
| Interest coverage ratio | 46.1x |
| Cash | CA$6.31m |
| Equity | CA$298.88m |
| Total liabilities | CA$75.28m |
| Total assets | CA$374.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PZRI.F's short term assets (CA$9.7M) do not cover its short term liabilities (CA$50.4M).
Long Term Liabilities: PZRI.F's short term assets (CA$9.7M) do not cover its long term liabilities (CA$24.9M).
Debt to Equity History and Analysis
Debt Level: PZRI.F's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: PZRI.F's debt to equity ratio has reduced from 16.3% to 15.7% over the past 5 years.
Debt Coverage: PZRI.F's debt is well covered by operating cash flow (66.9%).
Interest Coverage: PZRI.F's interest payments on its debt are well covered by EBIT (46.1x coverage).