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
These 4 Measures Indicate That Central Garden & Pet (NASDAQ:CENT) Is Using Debt Reasonably Well
Oct 06
We Think Central Garden & Pet (NASDAQ:CENT) Can Stay On Top Of Its Debt
Jun 24Is Central Garden & Pet (NASDAQ:CENT) A Risky Investment?
Mar 22These 4 Measures Indicate That Central Garden & Pet (NASDAQ:CENT) Is Using Debt Extensively
Dec 13We Think Central Garden & Pet (NASDAQ:CENT) Is Taking Some Risk With Its Debt
Sep 07Central Garden & Pet (NASDAQ:CENT) Takes On Some Risk With Its Use Of Debt
Jun 02Recent updates
Some Confidence Is Lacking In Central Garden & Pet Company's (NASDAQ:CENT) P/E
Nov 02Central Garden & Pet Company: Generating Consistent And Sustainable FCF Across Different Economic Cycles
Oct 11These 4 Measures Indicate That Central Garden & Pet (NASDAQ:CENT) Is Using Debt Reasonably Well
Oct 06Unpleasant Surprises Could Be In Store For Central Garden & Pet Company's (NASDAQ:CENT) Shares
Jul 17We Think Central Garden & Pet (NASDAQ:CENT) Can Stay On Top Of Its Debt
Jun 24Central Garden & Pet Company (NASDAQ:CENT) Investors Are Less Pessimistic Than Expected
Apr 15Is Central Garden & Pet (NASDAQ:CENT) A Risky Investment?
Mar 22Central Garden & Pet: Share Price Has A Low Margin Of Safety
Mar 19Central Garden & Pet Company's (NASDAQ:CENT) 26% Share Price Surge Not Quite Adding Up
Dec 29These 4 Measures Indicate That Central Garden & Pet (NASDAQ:CENT) Is Using Debt Extensively
Dec 13We Think Central Garden & Pet (NASDAQ:CENT) Is Taking Some Risk With Its Debt
Sep 07Central Garden & Pet (NASDAQ:CENT) Takes On Some Risk With Its Use Of Debt
Jun 02Here's Why Central Garden & Pet (NASDAQ:CENT) Has A Meaningful Debt Burden
Feb 28Is Central Garden & Pet Company (NASDAQ:CENT) Trading At A 22% Discount?
Nov 08Central Garden & Pet (NASDAQ:CENT) Takes On Some Risk With Its Use Of Debt
Oct 18Central Garden & Pet: Appealing Despite Stagnating Results And Cash Flow Conversion Concerns
Sep 20Central Garden & Pet Company (NASDAQ:CENT) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jul 27Is Central Garden & Pet (NASDAQ:CENT) Using Too Much Debt?
Jul 01Is Central Garden & Pet Company (NASDAQ:CENT) Trading At A 47% Discount?
Apr 16Is Central Garden & Pet (NASDAQ:CENT) A Risky Investment?
Mar 28Here's Why I Think Central Garden & Pet (NASDAQ:CENT) Might Deserve Your Attention Today
Feb 20Is There An Opportunity With Central Garden & Pet Company's (NASDAQ:CENT) 38% Undervaluation?
Jan 12Central Garden & Pet: Strong 2021, Stronger 2022
Jan 05Here's Why Central Garden & Pet (NASDAQ:CENT) Can Manage Its Debt Responsibly
Dec 24Is Now The Time To Put Central Garden & Pet (NASDAQ:CENT) On Your Watchlist?
Nov 19Is Central Garden & Pet Company (NASDAQ:CENT) Worth US$48.8 Based On Its Intrinsic Value?
Oct 14Does Central Garden & Pet (NASDAQ:CENT) Have A Healthy Balance Sheet?
Sep 23Central Garden & Pet: Shares Have Just Bottomed Out
Sep 14Does Central Garden & Pet (NASDAQ:CENT) Deserve A Spot On Your Watchlist?
Aug 12Is Central Garden & Pet (NASDAQ:CENT) Using Too Much Debt?
Jun 23Financial Position Analysis
Short Term Liabilities: CENT's short term assets ($1.9B) exceed its short term liabilities ($515.4M).
Long Term Liabilities: CENT's short term assets ($1.9B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: CENT's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: CENT's debt to equity ratio has increased from 69.6% to 76.4% over the past 5 years.
Debt Coverage: CENT's debt is well covered by operating cash flow (33.2%).
Interest Coverage: CENT'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 | 2024/12/19 23:36 |
| End of Day Share Price | 2024/12/19 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 |