Bright Horizons Family Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Bright Horizons Family Solutions has a total shareholder equity of $1.4B and total debt of $951.7M, which brings its debt-to-equity ratio to 68%. Its total assets and total liabilities are $3.9B and $2.5B respectively. Bright Horizons Family Solutions's EBIT is $267.0M making its interest coverage ratio 5.2. It has cash and short-term investments of $109.9M.
Key information
68.0%
Debt to equity ratio
US$951.65m
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$109.93m |
| Equity | US$1.40b |
| Total liabilities | US$2.52b |
| Total assets | US$3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHA's short term assets ($404.0M) do not cover its short term liabilities ($666.9M).
Long Term Liabilities: BHA's short term assets ($404.0M) do not cover its long term liabilities ($1.8B).
Debt to Equity History and Analysis
Debt Level: BHA's net debt to equity ratio (60.2%) is considered high.
Reducing Debt: BHA's debt to equity ratio has reduced from 116.8% to 68% over the past 5 years.
Debt Coverage: BHA's debt is well covered by operating cash flow (32.8%).
Interest Coverage: BHA's interest payments on its debt are well covered by EBIT (5.2x coverage).