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 ratio3.4x
CashUS$23.85m
EquityUS$659.72m
Total liabilitiesUS$1.07b
Total assetsUS$1.73b

Recent financial health updates

Recent updates

Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28

Mar 01
Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28

There May Be Reason For Hope In Monro's (NASDAQ:MNRO) Disappointing Earnings

Jan 31
There May Be Reason For Hope In Monro's (NASDAQ:MNRO) Disappointing Earnings

A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Jan 25
A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business

Dec 15
Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business

Monro (NASDAQ:MNRO) Is Due To Pay A Dividend Of $0.28

Dec 02
Monro (NASDAQ:MNRO) Is Due To Pay A Dividend Of $0.28

Is Monro (NASDAQ:MNRO) A Risky Investment?

Oct 23
Is Monro (NASDAQ:MNRO) A Risky Investment?

When Should You Buy Monro, Inc. (NASDAQ:MNRO)?

Sep 27
When Should You Buy Monro, Inc. (NASDAQ:MNRO)?

Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital

Sep 08
Be Wary Of Monro (NASDAQ:MNRO) And Its Returns On Capital

Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28

Aug 13
Monro (NASDAQ:MNRO) Has Affirmed Its Dividend Of $0.28

Monro's (NASDAQ:MNRO) Dividend Will Be $0.28

May 23
Monro's (NASDAQ:MNRO) Dividend Will Be $0.28

Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?

May 19
Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?

Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business

Apr 25
Monro's (NASDAQ:MNRO) Returns On Capital Not Reflecting Well On The Business

Monro, Inc. (NASDAQ:MNRO) Shares Could Be 36% Below Their Intrinsic Value Estimate

Jan 24
Monro, Inc. (NASDAQ:MNRO) Shares Could Be 36% Below Their Intrinsic Value Estimate

What Does Monro, Inc.'s (NASDAQ:MNRO) Share Price Indicate?

Sep 28
What Does Monro, Inc.'s (NASDAQ:MNRO) Share Price Indicate?

Investors Could Be Concerned With Monro's (NASDAQ:MNRO) Returns On Capital

Sep 13
Investors Could Be Concerned With Monro's (NASDAQ:MNRO) Returns On Capital

Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?

Aug 31
Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?

Monro declares $0.28 dividend

Aug 19

Monro Non-GAAP EPS of $0.42 beats by $0.06, revenue of $349.54M beats by $3.29M

Jul 27

A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Jul 21
A Look At The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Monro: Still A Good Play In This Market

Jul 15

Is Now The Time To Look At Buying Monro, Inc. (NASDAQ:MNRO)?

Jun 20
Is Now The Time To Look At Buying Monro, Inc. (NASDAQ:MNRO)?

Monro (NASDAQ:MNRO) Could Be Struggling To Allocate Capital

Jun 05
Monro (NASDAQ:MNRO) Could Be Struggling To Allocate Capital

Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?

May 22
Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?

Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 45% Undervaluation?

Apr 20
Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 45% Undervaluation?

Monro: Undervalued And Misunderstood

Apr 17

Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?

Mar 03
Is Monro, Inc. (NASDAQ:MNRO) Potentially Undervalued?

Is Monro (NASDAQ:MNRO) A Risky Investment?

Feb 17
Is Monro (NASDAQ:MNRO) A Risky Investment?

Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital

Jan 12
Here's What's Concerning About Monro's (NASDAQ:MNRO) Returns On Capital

Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?

Dec 27
Is There An Opportunity With Monro, Inc.'s (NASDAQ:MNRO) 32% Undervaluation?

Monro Is Even More Attractive Now

Nov 29

At US$60.11, Is Monro, Inc. (NASDAQ:MNRO) Worth Looking At Closely?

Nov 20
At US$60.11, Is Monro, Inc. (NASDAQ:MNRO) Worth Looking At Closely?

Is Monro (NASDAQ:MNRO) A Risky Investment?

Nov 01
Is Monro (NASDAQ:MNRO) A Risky Investment?

Monro (NASDAQ:MNRO) May Have Issues Allocating Its Capital

Oct 02
Monro (NASDAQ:MNRO) May Have Issues Allocating Its Capital

Calculating The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Sep 19
Calculating The Fair Value Of Monro, Inc. (NASDAQ:MNRO)

Is There Now An Opportunity In Monro, Inc. (NASDAQ:MNRO)?

Aug 19
Is There Now An Opportunity In Monro, Inc. (NASDAQ:MNRO)?

Financial 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).


Balance Sheet


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