Brown-Forman Balance Sheet Health
Financial Health criteria checks 4/6
Brown-Forman has a total shareholder equity of $3.5B and total debt of $3.2B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are $8.2B and $4.7B respectively. Brown-Forman's EBIT is $1.1B making its interest coverage ratio 9.7. It has cash and short-term investments of $416.0M.
Key information
91.4%
Debt to equity ratio
US$3.17b
Debt
| Interest coverage ratio | 9.7x |
| Cash | US$416.00m |
| Equity | US$3.47b |
| Total liabilities | US$4.74b |
| Total assets | US$8.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BF5B's short term assets ($4.1B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BF5B's short term assets ($4.1B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: BF5B's net debt to equity ratio (79.4%) is considered high.
Reducing Debt: BF5B's debt to equity ratio has reduced from 149.5% to 91.4% over the past 5 years.
Debt Coverage: BF5B's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: BF5B's interest payments on its debt are well covered by EBIT (9.7x coverage).