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Sysco (SYY) Debt-to-Equity : 6.25 (As of Mar. 2024)


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What is Sysco Debt-to-Equity?

Sysco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $216 Mil. Sysco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $12,904 Mil. Sysco's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $2,101 Mil. Sysco's debt to equity for the quarter that ended in Mar. 2024 was 6.24.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sysco's Debt-to-Equity or its related term are showing as below:

SYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.52   Med: 3.89   Max: 13.01
Current: 6.25

During the past 13 years, the highest Debt-to-Equity Ratio of Sysco was 13.01. The lowest was 0.52. And the median was 3.89.

SYY's Debt-to-Equity is ranked worse than
98.19% of 277 companies
in the Retail - Defensive industry
Industry Median: 0.6 vs SYY: 6.25

Sysco Debt-to-Equity Historical Data

The historical data trend for Sysco's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sysco Debt-to-Equity Chart

Sysco Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.26 13.01 7.61 8.24 5.56

Sysco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.43 5.56 5.50 5.40 6.25

Competitive Comparison of Sysco's Debt-to-Equity

For the Food Distribution subindustry, Sysco's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sysco's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sysco's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sysco's Debt-to-Equity falls into.



Sysco Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sysco's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Sysco's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Sysco  (NYSE:SYY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Sysco Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Sysco's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Sysco (SYY) Business Description

Address
1390 Enclave Parkway, Houston, TX, USA, 77077-2099
Sysco is the largest U.S. foodservice distributor with 17% share of the highly fragmented $350 billion domestic market. Sysco distributes roughly 500,000 food and nonfood products to restaurants (62% of fiscal 2023 revenue), education and government buildings (8%), travel and leisure (8%), healthcare facilities (7%) and other locations (15%) where individuals consume away-from-home meals. In fiscal 2023, 70% of the firm's revenue was derived from its U.S. foodservice operations, while its international (18%), quick-service logistics (10%), and other (2%) segments made up the difference.
Executives
Sheila Talton director C/O ACCO BRANDS CORPORATION, 300 TOWER PARKWAY, LINCOLNSHIRE IL 60201
Jennifer L Johnson officer: SVP and CAO 942 S. SHADY GROVE ROAD, MEMPHIS TN 38120
Victoria L Gutierrez officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Daniel Purefoy officer: SVP, Chief Supply Chain Off 33 KINGSWAY, LONDON X0 WC2B 6UF
Neil Russell officer: Interim CFO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kenny K Cheung officer: EVP and CFO HERTZ GLOBAL HOLDINGS, INC., 8501 WILLIAMS ROAD, ESTERO FL 33928
Greg D Bertrand officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Kevin Hourican officer: President and CEO ONE CVS DRIVE, WOONSOCKET RI 02895
Scott B. Stone officer: VP, Finance and interim CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Paulo Peereboom officer: EVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Aaron E Alt officer: EVP and CFO 3001 COLORADO BLVD., DENTON TX 76210
Anita A Zielinski officer: SVP & CAO 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
James Chris Jasper officer: SVP 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Jill Golder director 305 HARTMANN DRIVE, LEBANON TN 37087
Ali Dibadj director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206

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