Brown-Forman Balance Sheet Health
Financial Health criteria checks 4/6
Brown-Forman has a total shareholder equity of $3.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are $8.2B and $5.0B respectively. Brown-Forman's EBIT is $1.2B making its interest coverage ratio 10.6. It has cash and short-term investments of $589.0M.
Key information
105.0%
Debt to equity ratio
US$3.41b
Debt
Interest coverage ratio | 10.6x |
Cash | US$589.00m |
Equity | US$3.25b |
Total liabilities | US$4.99b |
Total assets | US$8.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BF5B's short term assets ($4.4B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BF5B's short term assets ($4.4B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: BF5B's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: BF5B's debt to equity ratio has reduced from 168% to 105% over the past 5 years.
Debt Coverage: BF5B's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: BF5B's interest payments on its debt are well covered by EBIT (10.6x coverage).