Bunge Global Balance Sheet Health
Financial Health criteria checks 6/6
Bunge Global has a total shareholder equity of $11.5B and total debt of $5.1B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are $25.8B and $14.3B respectively. Bunge Global's EBIT is $2.9B making its interest coverage ratio 8.1. It has cash and short-term investments of $3.1B.
Key information
44.2%
Debt to equity ratio
US$5.10b
Debt
Interest coverage ratio | 8.1x |
Cash | US$3.14b |
Equity | US$11.53b |
Total liabilities | US$14.29b |
Total assets | US$25.82b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNG's short term assets ($16.7B) exceed its short term liabilities ($8.4B).
Long Term Liabilities: BNG's short term assets ($16.7B) exceed its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: BNG's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: BNG's debt to equity ratio has reduced from 88.7% to 44.2% over the past 5 years.
Debt Coverage: BNG's debt is well covered by operating cash flow (66.2%).
Interest Coverage: BNG's interest payments on its debt are well covered by EBIT (8.1x coverage).