Bright Horizons Family Solutions Balance Sheet Health
Financial Health criteria checks 1/6
Bright Horizons Family Solutions has a total shareholder equity of $1.1B and total debt of $1.0B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are $3.8B and $2.7B respectively. Bright Horizons Family Solutions's EBIT is $103.6M making its interest coverage ratio 2.3. It has cash and short-term investments of $62.6M.
Key information
92.3%
Debt to equity ratio
US$1.02b
Debt
Interest coverage ratio | 2.3x |
Cash | US$62.61m |
Equity | US$1.10b |
Total liabilities | US$2.70b |
Total assets | US$3.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFAM *'s short term assets ($371.4M) do not cover its short term liabilities ($788.4M).
Long Term Liabilities: BFAM *'s short term assets ($371.4M) do not cover its long term liabilities ($1.9B).
Debt to Equity History and Analysis
Debt Level: BFAM *'s net debt to equity ratio (86.6%) is considered high.
Reducing Debt: BFAM *'s debt to equity ratio has reduced from 160.6% to 92.3% over the past 5 years.
Debt Coverage: BFAM *'s debt is not well covered by operating cash flow (19.4%).
Interest Coverage: BFAM *'s interest payments on its debt are not well covered by EBIT (2.3x coverage).