Newell Brands Balance Sheet Health
Financial Health criteria checks 3/6
Newell Brands has a total shareholder equity of $3.1B and total debt of $5.1B, which brings its debt-to-equity ratio to 166%. Its total assets and total liabilities are $12.1B and $9.0B respectively. Newell Brands's EBIT is $486.0M making its interest coverage ratio 1.7. It has cash and short-term investments of $372.0M.
Key information
166.0%
Debt to equity ratio
US$5.11b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$372.00m |
| Equity | US$3.08b |
| Total liabilities | US$9.02b |
| Total assets | US$12.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWL's short term assets ($3.4B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: NWL's short term assets ($3.4B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: NWL's net debt to equity ratio (153.9%) is considered high.
Reducing Debt: NWL's debt to equity ratio has increased from 145.6% to 166% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NWL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NWL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.6% per year.