Flowers Foods Balance Sheet Health
Financial Health criteria checks 3/6
Flowers Foods has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are $3.4B and $2.0B respectively. Flowers Foods's EBIT is $373.5M making its interest coverage ratio 19.5. It has cash and short-term investments of $15.0M.
Key information
75.8%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 19.5x |
| Cash | US$14.98m |
| Equity | US$1.41b |
| Total liabilities | US$2.02b |
| Total assets | US$3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWF's short term assets ($707.7M) exceed its short term liabilities ($569.1M).
Long Term Liabilities: FWF's short term assets ($707.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: FWF's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: FWF's debt to equity ratio has increased from 68.9% to 75.8% over the past 5 years.
Debt Coverage: FWF's debt is well covered by operating cash flow (35.1%).
Interest Coverage: FWF's interest payments on its debt are well covered by EBIT (19.5x coverage).