Central Garden & Pet (CENT) Debt Metrics
Market Cap: $1.99B
Avg Volume: 225.28K
Industry: Packaged Foods
Sector: Consumer Defensive
How much debt does Central Garden & Pet have?
According to Central Garden & Pet's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
Central Garden & Pet's total debt stands at $1.42B. This is broken down into:
- Long-term debt: $1.36B
- Short-term debt: $57.55M
The company's net debt, which accounts for cash and cash equivalents, is $666.90M. In terms of overall financial obligations, Central Garden & Pet's total liabilities amount to $1.94B.
Debt Ratios and Metrics
To better understand Central Garden & Pet's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 0.91 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 40.63% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 3.22 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 46.70% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 47.73% - this indicates the total debt in the company's capital structure.
These metrics provide insight into Central Garden & Pet's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$1.42B
Long-term Debt
$1.36B
Short-term Debt
$57.55M
Net Debt
$666.90M
Total Liabilities
$1.94B
Interest Coverage
3.22
Debt to Equity Ratio
0.91
Debt Ratio
40.63%
Central Garden & Pet Historical Debt Metrics
Central Garden & Pet Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $1.42B | $1.36B | $57.55M | $666.90M | $1.94B | 0.91 | 40.63% | 3.22 | 46.70% | 47.73% |
| 2023 | $1.37B | $1.32B | $50.84M | $885.69M | $1.93B | 0.95 | 40.68% | 3.69 | 45.01% | 48.64% |
| 2022 | $1.38B | $1.33B | $96.54M | $1.20B | $1.95B | 1.04 | 42.12% | 4.46 | 47.07% | 50.90% |
| 2021 | $1.36B | $1.31B | $82.54M | $930.20M | $1.89B | 1.11 | 43.53% | 4.34 | 49.22% | 52.61% |
| 2020 | $814.06M | $780.47M | $67.09M | $161.35M | $1.26B | 0.76 | 34.80% | 3.24 | 39.19% | 43.05% |
| 2019 | $693.15M | $693.04M | $113.00K | $195.40M | $1.03B | 0.70 | 34.23% | 2.61 | 41.03% | 41.04% |
| 2018 | $692.15M | $692.03M | $122.00K | $210.05M | $954.38M | 0.73 | 36.29% | 4.27 | 42.08% | 42.09% |
| 2017 | $395.65M | $395.28M | $375.00K | $363.26M | $669.76M | 0.62 | 30.27% | 5.53 | 38.34% | 38.36% |
| 2016 | $395.27M | $394.81M | $463.00K | $302.29M | $657.61M | 0.71 | 32.61% | 3.02 | 41.65% | 41.68% |
| 2015 | $400.14M | $399.85M | $291.00K | $352.56M | $628.37M | 0.79 | 35.26% | 2.28 | 44.18% | 44.19% |
Related Metrics
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