Bright Horizons Family Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Bright Horizons Family Solutions has a total shareholder equity of $1.2B and total debt of $962.8M, which brings its debt-to-equity ratio to 79.4%. Its total assets and total liabilities are $3.9B and $2.7B respectively. Bright Horizons Family Solutions's EBIT is $160.5M making its interest coverage ratio 3.1. It has cash and short-term investments of $71.6M.
Key information
79.4%
Debt to equity ratio
US$962.76m
Debt
Interest coverage ratio | 3.1x |
Cash | US$71.57m |
Equity | US$1.21b |
Total liabilities | US$2.68b |
Total assets | US$3.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHA's short term assets ($446.9M) do not cover its short term liabilities ($799.4M).
Long Term Liabilities: BHA's short term assets ($446.9M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: BHA's net debt to equity ratio (73.5%) is considered high.
Reducing Debt: BHA's debt to equity ratio has reduced from 149.6% to 79.4% over the past 5 years.
Debt Coverage: BHA's debt is well covered by operating cash flow (26.6%).
Interest Coverage: BHA's interest payments on its debt are well covered by EBIT (3.1x coverage).