Monro Balance Sheet Health
Financial Health criteria checks 4/6
Monro has a total shareholder equity of $659.7M and total debt of $94.0M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Monro's EBIT is $70.5M making its interest coverage ratio 3.4. It has cash and short-term investments of $23.8M.
Key information
14.2%
Debt to equity ratio
US$94.00m
Debt
Interest coverage ratio | 3.4x |
Cash | US$23.85m |
Equity | US$659.72m |
Total liabilities | US$1.07b |
Total assets | US$1.73b |
Recent financial health updates
Is Monro (NASDAQ:MNRO) A Risky Investment?
Oct 23Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
Aug 31Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
May 22Is Monro (NASDAQ:MNRO) A Risky Investment?
Feb 17Is Monro (NASDAQ:MNRO) A Risky Investment?
Nov 01Recent updates
Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Mar 01There May Be Reason For Hope In Monro's (NASDAQ:MNRO) Disappointing Earnings
Jan 31A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jan 25Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Dec 15Monro (NASDAQ:MNRO) Is Due To Pay A Dividend Of $0.28
Dec 02Is Monro (NASDAQ:MNRO) A Risky Investment?
Oct 23When Should You Buy Monro, Inc. (NASDAQ:MNRO)?
Sep 27Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital
Sep 08Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28
Aug 13Monro's (NASDAQ:MNRO) Dividend Will Be $0.28
May 23Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?
May 19Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business
Apr 25Monro, Inc. (NASDAQ:MNRO) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jan 24What Does Monro, Inc.'s (NASDAQ:MNRO) Share Price Indicate?
Sep 28Investors Could Be Concerned With Monro's (NASDAQ:MNRO) Returns On Capital
Sep 13Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
Aug 31Monro declares $0.28 dividend
Aug 19Monro Non-GAAP EPS of $0.42 beats by $0.06, revenue of $349.54M beats by $3.29M
Jul 27A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Jul 21Monro: Still A Good Play In This Market
Jul 15Is Now The Time To Look At Buying Monro, Inc. (NASDAQ:MNRO)?
Jun 20Monro (NASDAQ:MNRO) Could Be Struggling To Allocate Capital
Jun 05Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
May 22Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 45% Undervaluation?
Apr 20Monro: Undervalued And Misunderstood
Apr 17Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?
Mar 03Is Monro (NASDAQ:MNRO) A Risky Investment?
Feb 17Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital
Jan 12Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?
Dec 27Monro Is Even More Attractive Now
Nov 29At US$60.11, Is Monro, Inc. (NASDAQ:MNRO) Worth Looking At Closely?
Nov 20Is Monro (NASDAQ:MNRO) A Risky Investment?
Nov 01Monro (NASDAQ:MNRO) May Have Issues Allocating Its Capital
Oct 02Calculating The Fair Value Of Monro, Inc. (NASDAQ:MNRO)
Sep 19Is There Now An Opportunity In Monro, Inc. (NASDAQ:MNRO)?
Aug 19Financial Position Analysis
Short Term Liabilities: MNRO's short term assets ($271.7M) do not cover its short term liabilities ($486.6M).
Long Term Liabilities: MNRO's short term assets ($271.7M) do not cover its long term liabilities ($586.7M).
Debt to Equity History and Analysis
Debt Level: MNRO's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: MNRO's debt to equity ratio has reduced from 17.8% to 14.2% over the past 5 years.
Debt Coverage: MNRO's debt is well covered by operating cash flow (185.4%).
Interest Coverage: MNRO's interest payments on its debt are well covered by EBIT (3.4x coverage).