US Foods Holding Corp (USFD)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.97 | 2.93 | 2.73 | 2.78 | 2.78 | 2.83 | 2.83 | 3.12 | 3.22 | 3.37 | 3.43 | 3.48 | 3.35 | 3.60 | 3.66 | 3.71 | 3.52 | 3.64 | 3.87 | 3.35 |
US Foods Holding Corp has maintained a consistently low Debt-to-Assets ratio, which has been at 0.00 for every reporting period from March 31, 2020, to December 31, 2024. This indicates that the company has not relied heavily on debt to finance its assets during this timeframe.
Similarly, the Debt-to-Capital ratio has also remained at 0.00 throughout the same period, suggesting that the company's capital structure has been predominantly equity-based rather than debt-based.
The Debt-to-Equity ratio has also consistently stood at 0.00 over the years, highlighting the company's minimal use of debt in relation to its equity in financing its operations.
The Financial Leverage ratio, on the other hand, has displayed a declining trend from 3.35 on March 31, 2020, to 2.97 by December 31, 2024. This reduction indicates that the company's reliance on debt has been decreasing, contributing to a stronger financial position and reduced financial risk over the years.
Overall, based on the solvency ratios analyzed, US Foods Holding Corp seems to have a strong financial position with low debt levels and a decreasing reliance on leverage, which may indicate a sound capital structure and financial stability.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 3.49 | 3.42 | 3.14 | 3.04 | 3.09 | 2.90 | 3.08 | 2.72 | 2.42 | 2.37 | 2.18 | 2.13 | 2.00 | 1.46 | 1.13 | 0.32 | -0.24 | 0.37 | 0.89 | 2.28 |
Based on the data provided, the interest coverage ratio of US Foods Holding Corp has shown fluctuations over the period analyzed.
From March 31, 2020, to December 31, 2020, the interest coverage ratio declined, reaching a negative value of -0.24 in December 2020, indicating that the company's operating income was insufficient to cover its interest expenses during that period.
However, starting from March 31, 2021, the trend reversed, and the interest coverage ratio began to improve steadily. By December 31, 2024, the ratio had reached a value of 3.49, indicating that the company's operating income was 3.49 times higher than its interest expenses, demonstrating a healthy ability to cover its interest obligations.
Overall, the trending improvement in the interest coverage ratio from negative levels to comfortably positive levels suggests that US Foods Holding Corp has successfully managed its financial position and is in a better position to meet its interest obligations in the future.