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 78.9%. Its total assets and total liabilities are $3.4B and $2.1B respectively. Flowers Foods's EBIT is $350.3M making its interest coverage ratio 21.8. It has cash and short-term investments of $22.5M.
Key information
78.9%
Debt to equity ratio
US$1.07b
Debt
Interest coverage ratio | 21.8x |
Cash | US$22.53m |
Equity | US$1.35b |
Total liabilities | US$2.08b |
Total assets | US$3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWF's short term assets ($687.7M) exceed its short term liabilities ($659.2M).
Long Term Liabilities: FWF's short term assets ($687.7M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: FWF's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: FWF's debt to equity ratio has increased from 78.7% to 78.9% over the past 5 years.
Debt Coverage: FWF's debt is well covered by operating cash flow (32.8%).
Interest Coverage: FWF's interest payments on its debt are well covered by EBIT (21.8x coverage).