This company has been acquired
Franchise Group Balance Sheet Health
Financial Health criteria checks 1/6
Franchise Group has a total shareholder equity of $225.4M and total debt of $1.9B, which brings its debt-to-equity ratio to 839.7%. Its total assets and total liabilities are $3.6B and $3.3B respectively. Franchise Group's EBIT is $154.7M making its interest coverage ratio 0.5. It has cash and short-term investments of $106.3M.
Key information
839.7%
Debt to equity ratio
US$1.89b
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$106.26m |
| Equity | US$225.43m |
| Total liabilities | US$3.35b |
| Total assets | US$3.57b |
Recent financial health updates
Does Franchise Group (NASDAQ:FRG) Have A Healthy Balance Sheet?
Jan 17
These 4 Measures Indicate That Franchise Group (NASDAQ:FRG) Is Using Debt Extensively
Oct 12These 4 Measures Indicate That Franchise Group (NASDAQ:FRG) Is Using Debt Extensively
May 31Is Franchise Group (NASDAQ:FRG) A Risky Investment?
Feb 22Recent updates
Franchise Group's (NASDAQ:FRG) Dividend Will Be $0.625
Mar 21Franchise Group (NASDAQ:FRG) Has Announced A Dividend Of $0.625
Mar 04Is Franchise Group, Inc. (NASDAQ:FRG) Trading At A 45% Discount?
Feb 20Does Franchise Group (NASDAQ:FRG) Have A Healthy Balance Sheet?
Jan 17If EPS Growth Is Important To You, Franchise Group (NASDAQ:FRG) Presents An Opportunity
Dec 17Market Cool On Franchise Group, Inc.'s (NASDAQ:FRG) Earnings
Nov 21These 4 Measures Indicate That Franchise Group (NASDAQ:FRG) Is Using Debt Extensively
Oct 12Should You Think About Buying Franchise Group, Inc. (NASDAQ:FRG) Now?
Sep 26Franchise Group Is My #1 Recommendation - Here's Why
Sep 01If EPS Growth Is Important To You, Franchise Group (NASDAQ:FRG) Presents An Opportunity
Aug 24Franchise Group, Inc.: Massive Potential Cash Returns
Aug 02Kohl's shares dip on terminating deal talks with Franchise Group
Jul 01Is Franchise Group, Inc. (NASDAQ:FRG) Potentially Undervalued?
Jun 21Buy Franchise Group Ahead Of Major Acquisition
Jun 09These 4 Measures Indicate That Franchise Group (NASDAQ:FRG) Is Using Debt Extensively
May 31Franchise Group: Gaining Some Franchising Momentum
May 25Franchise Group Franchises Big Dividend Yield
Apr 20Franchise Group: The Plan Is Working
Mar 06Is Franchise Group (NASDAQ:FRG) A Risky Investment?
Feb 22Franchise Group: The Safest Dividend Is The One That's Just Been Raised
Dec 20Mini-Berkshire In The Making At Franchise Group: Strong Organic Growth, Accretive M&A To Drive Stock Price
Dec 14Buy Fast Growing Franchise Group At A Bargain Price Ahead Of Accretive M&A
Nov 16Financial Position Analysis
Short Term Liabilities: FRG's short term assets ($1.3B) exceed its short term liabilities ($976.0M).
Long Term Liabilities: FRG's short term assets ($1.3B) do not cover its long term liabilities ($2.4B).
Debt to Equity History and Analysis
Debt Level: FRG's net debt to equity ratio (792.6%) is considered high.
Reducing Debt: FRG's debt to equity ratio has increased from 29.5% to 839.7% over the past 5 years.
Debt Coverage: FRG's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: FRG's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/22 07:33 |
| End of Day Share Price | 2023/08/18 00:00 |
| Earnings | 2023/07/01 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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.
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 Github.
Analyst Sources
Franchise Group, Inc. is covered by 7 analysts. 4 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 |
|---|---|
| Brian Hollenden | Aegis Capital Corporation |
| Alexander Paris | Barrington Research Associates, Inc. |
| Susan Anderson | B. Riley Securities, Inc. |