Blue Bird Balance Sheet Health
Financial Health criteria checks 6/6
Blue Bird has a total shareholder equity of $137.3M and total debt of $96.2M, which brings its debt-to-equity ratio to 70%. Its total assets and total liabilities are $468.1M and $330.8M respectively. Blue Bird's EBIT is $142.6M making its interest coverage ratio 16.2. It has cash and short-term investments of $88.4M.
Key information
70.0%
Debt to equity ratio
US$96.16m
Debt
| Interest coverage ratio | 16.2x |
| Cash | US$88.42m |
| Equity | US$137.28m |
| Total liabilities | US$330.79m |
| Total assets | US$468.07m |
Recent financial health updates
We Think Blue Bird (NASDAQ:BLBD) Can Stay On Top Of Its Debt
Oct 09
Blue Bird (NASDAQ:BLBD) Has A Pretty Healthy Balance Sheet
Jun 21Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt
Aug 24Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?
Dec 07Recent updates
Should You Investigate Blue Bird Corporation (NASDAQ:BLBD) At US$41.72?
Nov 12BlueBird: Adding To My Position With A 100% Upside Target
Nov 08Initiating Blue Bird At A Strong Buy Into Year-End
Oct 20We Think Blue Bird (NASDAQ:BLBD) Can Stay On Top Of Its Debt
Oct 09Blue Bird Corporation (NASDAQ:BLBD) Doing What It Can To Lift Shares
Sep 17Blue Bird Corporation: It's Time To Turn This Bus Around (Rating Upgrade)
Sep 11Blue Bird: Lack Of Price Action On Q3 Make For A Buying Opportunity
Sep 05Blue Bird: No-Brainer Growth And Value Stock
Aug 09Why Blue Bird Corporation (NASDAQ:BLBD) Could Be Worth Watching
Aug 06Blue Bird: Strong Momentum And Good Fundamentals Make It A Buy
Jul 04Putting The Brakes On Blue Bird Corporation
Jun 24Blue Bird (NASDAQ:BLBD) Has A Pretty Healthy Balance Sheet
Jun 21Blue Bird Corporation (NASDAQ:BLBD) Shares Could Be 41% Below Their Intrinsic Value Estimate
May 30Blue Bird: Don't Miss The School Bus Before It Leaves
May 27Blue Bird Corporation (NASDAQ:BLBD) Might Not Be As Mispriced As It Looks
May 07Blue Bird: Ticks A Lot Of Boxes, But Wait For Stabilization On The Charts
Apr 24At US$35.90, Is It Time To Put Blue Bird Corporation (NASDAQ:BLBD) On Your Watch List?
Apr 11Blue Bird: Now A High Profit Growth Story
Mar 28Blue Bird Corporation Takes Me To School
Mar 13After Decisive Earnings Beat, Blue Bird Still Shows Value To Be Had
Feb 20Earnings Beat: Blue Bird Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 10Investors Holding Back On Blue Bird Corporation (NASDAQ:BLBD)
Jan 24Blue Bird's (NASDAQ:BLBD) Returns Have Hit A Wall
Jan 03Blue Bird's (NASDAQ:BLBD) Earnings May Just Be The Starting Point
Dec 18When Should You Buy Blue Bird Corporation (NASDAQ:BLBD)?
Dec 06A Look At The Fair Value Of Blue Bird Corporation (NASDAQ:BLBD)
Sep 29Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt
Aug 24An Intrinsic Calculation For Blue Bird Corporation (NASDAQ:BLBD) Suggests It's 47% Undervalued
May 13Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?
Dec 07Financial Position Analysis
Short Term Liabilities: BLBD's short term assets ($275.7M) exceed its short term liabilities ($197.6M).
Long Term Liabilities: BLBD's short term assets ($275.7M) exceed its long term liabilities ($133.2M).
Debt to Equity History and Analysis
Debt Level: BLBD's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: BLBD had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: BLBD's debt is well covered by operating cash flow (95.2%).
Interest Coverage: BLBD's interest payments on its debt are well covered by EBIT (16.2x coverage).