Tractor Supply Balance Sheet Health
Financial Health criteria checks 3/6
Tractor Supply has a total shareholder equity of $2.1B and total debt of $1.7B, which brings its debt-to-equity ratio to 80.4%. Its total assets and total liabilities are $9.2B and $7.0B respectively. Tractor Supply's EBIT is $1.5B making its interest coverage ratio 31.8. It has cash and short-term investments of $397.1M.
Key information
80.4%
Debt to equity ratio
US$1.73b
Debt
| Interest coverage ratio | 31.8x |
| Cash | US$397.07m |
| Equity | US$2.15b |
| Total liabilities | US$7.04b |
| Total assets | US$9.19b |
Recent financial health updates
These 4 Measures Indicate That Tractor Supply (NASDAQ:TSCO) Is Using Debt Reasonably Well
Sep 07
Is Tractor Supply (NASDAQ:TSCO) Using Too Much Debt?
Jun 07Tractor Supply (NASDAQ:TSCO) Has A Pretty Healthy Balance Sheet
Mar 06Is Tractor Supply (NASDAQ:TSCO) Using Too Much Debt?
Nov 04Recent updates
There's Reason For Concern Over Tractor Supply Company's (NASDAQ:TSCO) Price
Apr 07Calculating The Fair Value Of Tractor Supply Company (NASDAQ:TSCO)
Mar 10Tractor Supply: Waiting For This Dividend Grower To Go On Sale
Feb 15Tractor Supply's (NASDAQ:TSCO) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 09Tractor Supply Is Ready To Ride Higher On Earnings
Jan 29Tractor Supply (NASDAQ:TSCO) Will Be Hoping To Turn Its Returns On Capital Around
Jan 17Tractor Supply May Be One Of The Most Underappreciated Dividend Stocks
Jan 14At US$215, Is Tractor Supply Company (NASDAQ:TSCO) Worth Looking At Closely?
Jan 01Some Shareholders Feeling Restless Over Tractor Supply Company's (NASDAQ:TSCO) P/E Ratio
Dec 18A Look At The Fair Value Of Tractor Supply Company (NASDAQ:TSCO)
Dec 04Here's Why Tractor Supply (NASDAQ:TSCO) Has Caught The Eye Of Investors
Nov 13Tractor Supply (NASDAQ:TSCO) Might Be Having Difficulty Using Its Capital Effectively
Oct 04These 4 Measures Indicate That Tractor Supply (NASDAQ:TSCO) Is Using Debt Reasonably Well
Sep 07Estimating The Intrinsic Value Of Tractor Supply Company (NASDAQ:TSCO)
Aug 25Should You Be Adding Tractor Supply (NASDAQ:TSCO) To Your Watchlist Today?
Aug 13At US$224, Is It Time To Put Tractor Supply Company (NASDAQ:TSCO) On Your Watch List?
Aug 01Tractor Supply (NASDAQ:TSCO) Could Be Struggling To Allocate Capital
Jun 29Is Tractor Supply (NASDAQ:TSCO) Using Too Much Debt?
Jun 07Tractor Supply Company's (NASDAQ:TSCO) Intrinsic Value Is Potentially 21% Below Its Share Price
May 16With EPS Growth And More, Tractor Supply (NASDAQ:TSCO) Makes An Interesting Case
May 05When Should You Buy Tractor Supply Company (NASDAQ:TSCO)?
Apr 24Tractor Supply (NASDAQ:TSCO) Is Reinvesting At Lower Rates Of Return
Mar 28Tractor Supply (NASDAQ:TSCO) Has A Pretty Healthy Balance Sheet
Mar 06Tractor Supply's (NASDAQ:TSCO) Upcoming Dividend Will Be Larger Than Last Year's
Feb 12Does Tractor Supply (NASDAQ:TSCO) Deserve A Spot On Your Watchlist?
Jan 26Is Now The Time To Look At Buying Tractor Supply Company (NASDAQ:TSCO)?
Jan 15A Look At The Intrinsic Value Of Tractor Supply Company (NASDAQ:TSCO)
Jan 03Returns On Capital At Tractor Supply (NASDAQ:TSCO) Paint A Concerning Picture
Dec 23Is Tractor Supply (NASDAQ:TSCO) Using Too Much Debt?
Nov 04If EPS Growth Is Important To You, Tractor Supply (NASDAQ:TSCO) Presents An Opportunity
Oct 21Tractor Supply: Buy On Any Post Earnings Weakness
Oct 17Is There Now An Opportunity In Tractor Supply Company (NASDAQ:TSCO)?
Oct 10Are Investors Undervaluing Tractor Supply Company (NASDAQ:TSCO) By 31%?
Sep 28Tractor Supply Company: Amazing Company - Not So Amazing Valuation
Sep 12Capital Allocation Trends At Tractor Supply (NASDAQ:TSCO) Aren't Ideal
Sep 06Tractor Supply Company starts construction of new distribution centre in Maumelle
Aug 23Tractor Supply Q2 2022 Earnings Preview
Jul 20Financial Position Analysis
Short Term Liabilities: TSCO's short term assets ($3.3B) exceed its short term liabilities ($2.2B).
Long Term Liabilities: TSCO's short term assets ($3.3B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: TSCO's net debt to equity ratio (62%) is considered high.
Reducing Debt: TSCO's debt to equity ratio has increased from 26.3% to 80.4% over the past 5 years.
Debt Coverage: TSCO's debt is well covered by operating cash flow (77.2%).
Interest Coverage: TSCO's interest payments on its debt are well covered by EBIT (31.8x coverage).