Suburban Propane Partners Balance Sheet Health
Financial Health criteria checks 1/6
Suburban Propane Partners has a total shareholder equity of $642.7M and total debt of $1.2B, which brings its debt-to-equity ratio to 188.6%. Its total assets and total liabilities are $2.3B and $1.7B respectively. Suburban Propane Partners's EBIT is $200.1M making its interest coverage ratio 2.6. It has cash and short-term investments of $4.4M.
Key information
188.6%
Debt to equity ratio
US$1.21b
Debt
| Interest coverage ratio | 2.6x |
| Cash | US$4.42m |
| Equity | US$642.67m |
| Total liabilities | US$1.69b |
| Total assets | US$2.34b |
Recent financial health updates
No updates
Recent updates
Suburban Propane's 40% Gain In 6 Months Needs Cautious Watching
Feb 14Suburban Propane Partners Is Well-Positioned For Long-Run Accretive Growth
Jan 26Suburban Propane: M&A Rumors Boost Stock Price, Maintain Hold
Nov 16Suburban Propane: Downgrading To Hold On Softening Fundamentals
Sep 01Suburban Propane Partners Is Facing A Challenging Macroeconomic Backdrop
Jun 16Suburban Propane Partners: Steady Q1, Further Expansion Into RNG
Feb 14Suburban Propane Partners: Turning Waste Into Future Distribution Growth
Feb 04Suburban Propane Partners declares $0.325 dividend
Jan 19Suburban Propane partners with Equilibrium Capital for $190M RNG assets deal
Dec 28Suburban Propane Partners GAAP EPS of -$0.86 misses by $0.41, revenue of $237.63M
Nov 10Suburban Propane Partners declares $0.325 dividend
Oct 20Suburban Propane Partners: What! No Distribution Growth?
Oct 13Suburban Propane team up with David's house to donate for families with children receiving treatment through Dartmouth Health Children's hospital
Sep 09Suburban Propane Partners: Steady Quarter; Thesis Intact
Aug 06Suburban Propane Partners goes ex-dividend tomorrow
Jul 29Suburban Propane Partners: Resilient To Inflation And A Potential Recession
Jun 27Suburban Propane Partners: Buy These Undervalued Units Trading At An 8.7% Yield
Mar 24Suburban Propane Partners, L.P.: Old School Value
Feb 11The 9.2% Distribution Yield Of Suburban Propane Partners Is Attractive
Dec 27Suburban Propane Partners: A 10%+ Yield Ahead In The New Age Of Distribution Growth
Sep 06Suburban Propane Partners: The Forgotten MLP That's Over 50% Undervalued
Jun 28Suburban Propane Partners prices private offering of senior notes
May 10Suburban Propane Partners EPS beats by $0.28, beats on revenue
May 06Suburban Propane Partners EPS beats by $0.05, misses on revenue
Feb 04Surburban Propane Offers A Defensive 7%+ Yield, But Potentially Warmer Winter And Debt Paydown Weigh
Nov 18Suburban Propane Partners EPS beats by $0.10, misses on revenue
Nov 12Financial Position Analysis
Short Term Liabilities: SPH's short term assets ($226.1M) do not cover its short term liabilities ($257.2M).
Long Term Liabilities: SPH's short term assets ($226.1M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: SPH's net debt to equity ratio (187.9%) is considered high.
Reducing Debt: SPH's debt to equity ratio has reduced from 218.4% to 188.6% over the past 5 years.
Debt Coverage: SPH's debt is not well covered by operating cash flow (15%).
Interest Coverage: SPH's interest payments on its debt are not well covered by EBIT (2.6x coverage).