Central Garden & Pet Balance Sheet Health
Financial Health criteria checks 5/6
Central Garden & Pet has a total shareholder equity of $1.6B and total debt of $1.2B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are $3.6B and $2.0B respectively. Central Garden & Pet's EBIT is $222.6M making its interest coverage ratio 5.9. It has cash and short-term investments of $753.6M.
Key information
76.4%
Debt to equity ratio
US$1.19b
Debt
| Interest coverage ratio | 5.9x |
| Cash | US$753.55m |
| Equity | US$1.56b |
| Total liabilities | US$2.00b |
| Total assets | US$3.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CENT.A's short term assets ($1.9B) exceed its short term liabilities ($515.4M).
Long Term Liabilities: CENT.A's short term assets ($1.9B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: CENT.A's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: CENT.A's debt to equity ratio has increased from 69.6% to 76.4% over the past 5 years.
Debt Coverage: CENT.A's debt is well covered by operating cash flow (33.2%).
Interest Coverage: CENT.A's interest payments on its debt are well covered by EBIT (5.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:21 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/09/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Central Garden & Pet Company is covered by 16 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Staszak | Argus Research Company |
| Shannon Coyne | BMO Capital Markets Equity Research |
| Christopher Carey | BofA Global Research |