Bloomin' Brands Balance Sheet Health
Financial Health criteria checks 3/6
Bloomin' Brands has a total shareholder equity of $412.0M and total debt of $780.7M, which brings its debt-to-equity ratio to 189.5%. Its total assets and total liabilities are $3.4B and $3.0B respectively. Bloomin' Brands's EBIT is $359.1M making its interest coverage ratio 6.9. It has cash and short-term investments of $111.5M.
Key information
189.5%
Debt to equity ratio
US$780.72m
Debt
Interest coverage ratio | 6.9x |
Cash | US$111.52m |
Equity | US$412.00m |
Total liabilities | US$3.01b |
Total assets | US$3.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOO's short term assets ($343.3M) do not cover its short term liabilities ($1.0B).
Long Term Liabilities: BOO's short term assets ($343.3M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: BOO's net debt to equity ratio (162.4%) is considered high.
Reducing Debt: BOO's debt to equity ratio has reduced from 1903.3% to 189.5% over the past 5 years.
Debt Coverage: BOO's debt is well covered by operating cash flow (68.2%).
Interest Coverage: BOO's interest payments on its debt are well covered by EBIT (6.9x coverage).