Central Garden & Pet Co Financials

574.6 M

Revenue Q3, 2017

1.9 B

Mkt cap, 13-Nov-2017
EBIT (Q3, 2017)57.9 M
Cash, 24-Jun-201714.5 M
EV2.3 B

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

368.8 m374.2 m1.7 b1.8 b

Revenue growth, %

1%341%11%

General and administrative expense

421.9 m

Operating expense total

421.9 m

EBIT

91.4 m129.4 m

EBIT margin, %

6%7%

Interest expense

33.7 m38 m40.3 m43.1 m42.8 m40 m42.8 m

Interest income

129 k140 k

Income tax expense

28.1 m19.6 m12.8 m(2.6 m)4 m18.5 m24.1 m

Net Income

(900 k)9.8 m33 m45.6 m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

290.5 m501.6 m438 m307.3 m497.6 m459.4 m359.8 m541.2 m514.5 m419.5 m569.9 m574.6 m

General and administrative expense

88.1 m102.8 m100.7 m86.8 m100.1 m103 m91 m109.9 m115.6 m100.7 m119.7 m125.3 m

Operating expense total

88.1 m102.8 m100.7 m86.8 m100.1 m103 m91 m109.9 m115.6 m100.7 m119.7 m125.3 m

EBIT

(8.4 m)44.8 m18.4 m1.1 m50 m39 m8.8 m59.4 m48.2 m19.9 m63.9 m57.9 m

EBIT margin, %

(3%)9%4%0%10%8%2%11%9%5%11%10%

Interest expense

12.2 m10.4 m10.4 m10.5 m11.9 m9 m22.1 m7.1 m7 m6.9 m6.8 m7.3 m

Interest income

13 k16 k14 k71 k18 k7 k22 k9 k43 k38 k8 k53 k

Income tax expense

(7.9 m)13 m3.1 m(4 m)14 m11.5 m(5.2 m)18.8 m14.9 m4.3 m20.8 m19.5 m

Balance Sheet

Annual

USDFY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Cash

85.7 m91.5 m12 m48.5 m15.2 m78.7 m47.6 m93 m

Accounts Receivable

194.3 m193.7 m207.4 m201.2 m

Inventories

391.9 m326.4 m335.9 m362 m

Current Assets

672.7 m671.6 m653.8 m714.8 m

Goodwill

205.8 m208.2 m209.1 m231.4 m

Accounts Payable

103.6 m88.4 m88.9 m102.4 m

Short-term debt

142 k291 k291 k463 k

Current Liabilities

182.3 m173.1 m176.9 m202.2 m

Long-term debt

472.4 m449.9 m399.8 m394.8 m

Total Debt

472.6 m450.2 m400.1 m395.3 m

Common Stock

122 k

Additional Paid-in Capital

389.2 m396.6 m388.6 m393.3 m

Retained Earnings

77.6 m86.4 m116 m160.5 m

Total Equity

470 m486.5 m506.4 m554.6 m

Debt to Equity Ratio

1 x0.9 x0.8 x0.7 x

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

16.7 m16.7 m31.8 m79.6 m11.9 m43.8 m9 m9.8 m40 m6.6 m6.2 m14.5 m

Accounts Receivable

143.1 m323.2 m214.1 m142.9 m321.8 m223.1 m195.4 m340.5 m242 m192.2 m343.2 m279.5 m

Inventories

427.4 m402.7 m365 m399.9 m382.3 m340.2 m416.5 m390.8 m361.8 m430.2 m426.4 m383.4 m

Current Assets

670.6 m812.8 m678.9 m716.4 m786.9 m674.4 m692.6 m803.8 m700.9 m693.3 m840.8 m740.4 m

Goodwill

205.8 m205.8 m205.8 m208.2 m209.1 m209.1 m209.1 m213.8 m233 m230.4 m230.4 m230.4 m

Accounts Payable

120.5 m142.2 m90 m128.5 m139.8 m90.4 m129.1 m133.2 m96.9 m135.2 m141.8 m106.4 m

Short-term debt

73 k303 k296 k50.3 m289 k290 k292 k594 k530 k397 k374 k375 k

Current Liabilities

209.1 m223.3 m179.8 m272 m223.6 m200.8 m218.4 m231.5 m200.4 m230.1 m243.6 m218.9 m

Long-term debt

449.5 m545 m450 m399.9 m514.9 m399.9 m435.9 m496.4 m394.6 m395 m495.9 m435.1 m

Total Debt

449.5 m545.3 m450.3 m450.2 m515.2 m400.2 m436.2 m497 m395.1 m395.4 m496.2 m435.4 m

Common Stock

122 k

Additional Paid-in Capital

391 m396.5 m398.2 m393.5 m387.1 m388.8 m390.6 m391.7 m390.3 m392.4 m391.5 m393 m

Total Equity

458.5 m485.5 m492.9 m474.9 m490 m511.4 m498.9 m532.9 m557.9 m560 m594.5 m629 m

Cash Flow

Annual

USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(900 k)9.8 m33 m45.6 m

Depreciation and Amortization

33 m35.8 m33.7 m40 m

Inventories

(62 m)69.7 m4.4 m(6.5 m)

Accounts Payable

(23.9 m)(16.3 m)(4.8 m)(2.8 m)

Cash From Operating Activities

(28.3 m)126.5 m87.4 m151.4 m

Purchases of PP&E

(25.2 m)(17.2 m)(22 m)(27.6 m)

Cash From Investing Activities

(25.1 m)(35.2 m)(49.9 m)(91.2 m)

Long-term Borrowings

(332 k)(367 k)(50.3 m)(400.3 m)

Cash From Financing Activities

20.3 m(27.8 m)(68.4 m)(14.2 m)

Interest Paid

43 m41.5 m39.9 m33 m

Quarterly

USDQ1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Accounts Receivable

214.1 m142.9 m321.8 m223.1 m195.4 m340.5 m242 m192.2 m343.2 m

Inventories

365 m399.9 m382.3 m340.2 m416.5 m390.8 m361.8 m430.2 m426.4 m

Accounts Payable

90 m128.5 m139.8 m90.4 m129.1 m133.2 m96.9 m135.2 m141.8 m

Income Taxes Paid

13 m3.1 m14 m

Ratios

Y, 2017

EV/EBIT

39.2 x