Patterson Companies Balance Sheet Health
Financial Health criteria checks 3/6
Patterson Companies has a total shareholder equity of $952.5M and total debt of $785.0M, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are $2.9B and $1.9B respectively. Patterson Companies's EBIT is $258.0M making its interest coverage ratio 10.9. It has cash and short-term investments of $151.8M.
Key information
82.4%
Debt to equity ratio
US$785.01m
Debt
| Interest coverage ratio | 10.9x |
| Cash | US$151.79m |
| Equity | US$952.50m |
| Total liabilities | US$1.92b |
| Total assets | US$2.87b |
Recent financial health updates
Patterson Companies (NASDAQ:PDCO) Seems To Use Debt Quite Sensibly
Mar 10
Patterson Companies (NASDAQ:PDCO) Seems To Use Debt Quite Sensibly
Sep 28Recent updates
Patterson Could Struggle Under Potential Trump Tariffs, But It Looks A Buy Right Now
Nov 06Investors Aren't Entirely Convinced By Patterson Companies, Inc.'s (NASDAQ:PDCO) Earnings
Oct 15There's Been No Shortage Of Growth Recently For Patterson Companies' (NASDAQ:PDCO) Returns On Capital
Sep 20Patterson Companies: Unable To Compound Capital At An Advantage (Rating Downgrade)
Sep 10At US$25.69, Is Patterson Companies, Inc. (NASDAQ:PDCO) Worth Looking At Closely?
Aug 28Analysts Are Updating Their Patterson Companies, Inc. (NASDAQ:PDCO) Estimates After Its Annual Results
Jun 21Patterson Companies: Something To Smile About
Jun 19Patterson Companies, Inc. (NASDAQ:PDCO) Doing What It Can To Lift Shares
Jun 13Is There Now An Opportunity In Patterson Companies, Inc. (NASDAQ:PDCO)?
May 23Patterson Companies (NASDAQ:PDCO) Is Experiencing Growth In Returns On Capital
May 02Patterson Companies: Smiling Through The Pain
Apr 06Patterson Companies, Inc.'s (NASDAQ:PDCO) Prospects Need A Boost To Lift Shares
Feb 09What Is Patterson Companies, Inc.'s (NASDAQ:PDCO) Share Price Doing?
Jan 19Patterson Companies (NASDAQ:PDCO) Is Looking To Continue Growing Its Returns On Capital
Dec 22Should You Be Adding Patterson Companies (NASDAQ:PDCO) To Your Watchlist Today?
Sep 27There's Been No Shortage Of Growth Recently For Patterson Companies' (NASDAQ:PDCO) Returns On Capital
Sep 06A Look At The Fair Value Of Patterson Companies, Inc. (NASDAQ:PDCO)
Jul 03Is It Time To Consider Buying Patterson Companies, Inc. (NASDAQ:PDCO)?
Jun 13With EPS Growth And More, Patterson Companies (NASDAQ:PDCO) Makes An Interesting Case
May 26Patterson Companies (NASDAQ:PDCO) Shareholders Will Want The ROCE Trajectory To Continue
May 08Patterson Companies (NASDAQ:PDCO) Seems To Use Debt Quite Sensibly
Mar 10Do Patterson Companies' (NASDAQ:PDCO) Earnings Warrant Your Attention?
Feb 22A Look At The Fair Value Of Patterson Companies, Inc. (NASDAQ:PDCO)
Feb 09When Should You Buy Patterson Companies, Inc. (NASDAQ:PDCO)?
Jan 24Patterson Companies (NASDAQ:PDCO) Has Affirmed Its Dividend Of $0.26
Jan 10Patterson Companies (NASDAQ:PDCO) Has Affirmed Its Dividend Of $0.26
Dec 19Estimating The Intrinsic Value Of Patterson Companies, Inc. (NASDAQ:PDCO)
Nov 10Does Patterson Companies (NASDAQ:PDCO) Deserve A Spot On Your Watchlist?
Oct 27Patterson Companies (NASDAQ:PDCO) Is Paying Out A Dividend Of $0.26
Oct 14Investors Met With Slowing Returns on Capital At Patterson Companies (NASDAQ:PDCO)
Oct 13Patterson gets new CEO after probe concludes previous chief violated company policy
Oct 13Patterson Companies (NASDAQ:PDCO) Seems To Use Debt Quite Sensibly
Sep 28Patterson Companies: Looking Past The Earnings Disappointment
Sep 22Financial Position Analysis
Short Term Liabilities: PDCO's short term assets ($1.8B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: PDCO's short term assets ($1.8B) exceed its long term liabilities ($564.7M).
Debt to Equity History and Analysis
Debt Level: PDCO's net debt to equity ratio (66.5%) is considered high.
Reducing Debt: PDCO's debt to equity ratio has increased from 49.9% to 82.4% over the past 5 years.
Debt Coverage: PDCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PDCO's interest payments on its debt are well covered by EBIT (10.9x coverage).