Monro Balance Sheet Health
Financial Health criteria checks 4/6
Monro has a total shareholder equity of $654.4M and total debt of $112.0M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are $1.7B and $1.1B respectively. Monro's EBIT is $70.7M making its interest coverage ratio 3.5. It has cash and short-term investments of $18.7M.
Key information
17.1%
Debt to equity ratio
US$112.00m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$18.67m |
| Equity | US$654.42m |
| Total liabilities | US$1.06b |
| Total assets | US$1.71b |
Recent financial health updates
Is Monro (NASDAQ:MNRO) A Risky Investment?
Oct 23
Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
Aug 31Does Monro (NASDAQ:MNRO) Have A Healthy Balance Sheet?
May 22Recent updates
An Intrinsic Calculation For Monro, Inc. (NASDAQ:MNRO) Suggests It's 27% Undervalued
Sep 09Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
Aug 22Monro: Collect The Dividend Until The Tires Need A Change
Aug 12Should You Think About Buying Monro, Inc. (NASDAQ:MNRO) Now?
Jun 21Monro: Market Conditions Are Improving But Still A Risky Investment
Jun 04Monro (NASDAQ:MNRO) Will Pay A Dividend Of $0.28
May 26The Price Is Right For Monro, Inc. (NASDAQ:MNRO) Even After Diving 25%
May 24Monro, Inc.'s (NASDAQ:MNRO) Intrinsic Value Is Potentially 54% Above Its Share Price
May 23Capital Allocation Trends At Monro (NASDAQ:MNRO) Aren't Ideal
Apr 27Monro (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 22Financial Position Analysis
Short Term Liabilities: MNRO's short term assets ($278.1M) do not cover its short term liabilities ($468.7M).
Long Term Liabilities: MNRO's short term assets ($278.1M) do not cover its long term liabilities ($589.2M).
Debt to Equity History and Analysis
Debt Level: MNRO's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: MNRO's debt to equity ratio has reduced from 22.3% to 17.1% over the past 5 years.
Debt Coverage: MNRO's debt is well covered by operating cash flow (70.6%).
Interest Coverage: MNRO's interest payments on its debt are well covered by EBIT (3.5x coverage).