Blue Bird Balance Sheet Health
Financial Health criteria checks 6/6
Blue Bird has a total shareholder equity of $105.8M and total debt of $97.3M, which brings its debt-to-equity ratio to 92%. Its total assets and total liabilities are $456.5M and $350.7M respectively. Blue Bird's EBIT is $122.2M making its interest coverage ratio 10.2. It has cash and short-term investments of $93.1M.
Key information
92.0%
Debt to equity ratio
US$97.32m
Debt
| Interest coverage ratio | 10.2x |
| Cash | US$93.10m |
| Equity | US$105.79m |
| Total liabilities | US$350.69m |
| Total assets | US$456.48m |
Recent financial health updates
Blue Bird (NASDAQ:BLBD) Takes On Some Risk With Its Use Of Debt
Aug 24
Is Blue Bird (NASDAQ:BLBD) Weighed On By Its Debt Load?
Dec 07Is Blue Bird (NASDAQ:BLBD) Using Too Much Debt?
Aug 23Does Blue Bird (NASDAQ:BLBD) Have A Healthy Balance Sheet?
Feb 11Recent updates
Blue 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 07Blue Bird: Ugly Numbers Mask Still-Attractive Long-Term Case
Oct 03Blue Bird amends credit facility again amid supply chain disruptions
Sep 09Is Blue Bird (NASDAQ:BLBD) Using Too Much Debt?
Aug 23Blue Bird: It Only Makes Sense If EV Buses Are On The Horizon
Mar 24Capital Allocation Trends At Blue Bird (NASDAQ:BLBD) Aren't Ideal
Mar 22Does Blue Bird (NASDAQ:BLBD) Have A Healthy Balance Sheet?
Feb 11Financial Position Analysis
Short Term Liabilities: BLBD's short term assets ($269.4M) exceed its short term liabilities ($219.8M).
Long Term Liabilities: BLBD's short term assets ($269.4M) exceed its long term liabilities ($130.9M).
Debt to Equity History and Analysis
Debt Level: BLBD's net debt to equity ratio (4%) 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 (133.6%).
Interest Coverage: BLBD's interest payments on its debt are well covered by EBIT (10.2x coverage).