BellRing Brands Balance Sheet Health
Financial Health criteria checks 2/6
BellRing Brands has a total shareholder equity of $-243.2M and total debt of $832.7M, which brings its debt-to-equity ratio to -342.4%. Its total assets and total liabilities are $804.1M and $1.0B respectively. BellRing Brands's EBIT is $378.9M making its interest coverage ratio 6.3. It has cash and short-term investments of $72.6M.
Key information
-342.4%
Debt to equity ratio
US$832.70m
Debt
| Interest coverage ratio | 6.3x |
| Cash | US$72.60m |
| Equity | -US$243.20m |
| Total liabilities | US$1.05b |
| Total assets | US$804.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D51 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: D51 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: D51 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: D51's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: D51's debt is well covered by operating cash flow (29.4%).
Interest Coverage: D51's interest payments on its debt are well covered by EBIT (6.3x coverage).