Pet Valu Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Pet Valu Holdings has a total shareholder equity of CA$81.0M and total debt of CA$289.1M, which brings its debt-to-equity ratio to 356.8%. Its total assets and total liabilities are CA$943.9M and CA$862.9M respectively. Pet Valu Holdings's EBIT is CA$164.1M making its interest coverage ratio 5.2. It has cash and short-term investments of CA$41.2M.
Key information
356.8%
Debt to equity ratio
CA$289.07m
Debt
Interest coverage ratio | 5.2x |
Cash | CA$41.15m |
Equity | CA$81.01m |
Total liabilities | CA$862.91m |
Total assets | CA$943.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTVL.F's short term assets (CA$254.0M) exceed its short term liabilities (CA$189.0M).
Long Term Liabilities: PTVL.F's short term assets (CA$254.0M) do not cover its long term liabilities (CA$673.9M).
Debt to Equity History and Analysis
Debt Level: PTVL.F's net debt to equity ratio (306%) is considered high.
Reducing Debt: Insufficient data to determine if PTVL.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PTVL.F's debt is well covered by operating cash flow (60.5%).
Interest Coverage: PTVL.F's interest payments on its debt are well covered by EBIT (5.2x coverage).