Brink's Balance Sheet Health
Financial Health criteria checks 4/6
Brink's has a total shareholder equity of $519.9M and total debt of $3.6B, which brings its debt-to-equity ratio to 690.5%. Its total assets and total liabilities are $6.7B and $6.2B respectively. Brink's's EBIT is $536.7M making its interest coverage ratio 3. It has cash and short-term investments of $1.1B.
Key information
690.5%
Debt to equity ratio
US$3.59b
Debt
| Interest coverage ratio | 3x |
| Cash | US$1.12b |
| Equity | US$519.90m |
| Total liabilities | US$6.16b |
| Total assets | US$6.68b |
Recent financial health updates
Brink's (NYSE:BCO) Has A Pretty Healthy Balance Sheet
Nov 21
Brink's (NYSE:BCO) Seems To Use Debt Quite Sensibly
Aug 10Here's Why Brink's (NYSE:BCO) Has A Meaningful Debt Burden
Mar 23Here's Why Brink's (NYSE:BCO) Has A Meaningful Debt Burden
Dec 07Brink's (NYSE:BCO) Takes On Some Risk With Its Use Of Debt
Jul 28Recent updates
Brink's' (NYSE:BCO) Dividend Will Be Increased To $0.2425
May 09The Brink's Company: Valuation Not Cheap Enough Yet
Apr 17Is Now The Time To Look At Buying The Brink's Company (NYSE:BCO)?
Apr 06Brink's Surges On Growth, High Earnings, But Is It Still A Buy?
Jan 24Subdued Growth No Barrier To The Brink's Company's (NYSE:BCO) Price
Dec 23The Brink's Company's (NYSE:BCO) Intrinsic Value Is Potentially 75% Above Its Share Price
Dec 06Brink's (NYSE:BCO) Has A Pretty Healthy Balance Sheet
Nov 21The Brink's Company: Three-Year Strategic Plan Success, Improvements In Margin And Revenue
Nov 11Why The Brink's Company (NYSE:BCO) Could Be Worth Watching
Nov 06The Brink's Company: Dividend Increases, Innovation, And M&A Imply Undervaluation
Sep 05Is There An Opportunity With The Brink's Company's (NYSE:BCO) 45% Undervaluation?
Aug 25Brink's (NYSE:BCO) Seems To Use Debt Quite Sensibly
Aug 10At US$68.81, Is The Brink's Company (NYSE:BCO) Worth Looking At Closely?
Jul 21The Brink's Company: Show Me The Money
Jul 21A Look At The Intrinsic Value Of The Brink's Company (NYSE:BCO)
Apr 24Here's Why We Think Brink's (NYSE:BCO) Is Well Worth Watching
Apr 08Here's Why Brink's (NYSE:BCO) Has A Meaningful Debt Burden
Mar 23What Is The Brink's Company's (NYSE:BCO) Share Price Doing?
Feb 28The Brink's reports Q4 earnings; initiate FY23 outlook
Feb 22Brink's (NYSE:BCO) Has Affirmed Its Dividend Of $0.20
Jan 26The Brink's declares $0.20 dividend
Jan 20The Brink's Company: When Your Business Is Money
Jan 02Here's Why Brink's (NYSE:BCO) Has A Meaningful Debt Burden
Dec 07At US$59.58, Is The Brink's Company (NYSE:BCO) Worth Looking At Closely?
Nov 18The Brink's Q3 2022 Earnings Preview
Oct 25Estimating The Fair Value Of The Brink's Company (NYSE:BCO)
Oct 24Brink's (NYSE:BCO) Is Paying Out A Dividend Of $0.20
Oct 11Brink's acquires NoteMachine for $179M to ramp up ATM managed services business
Oct 03Brink's (NYSE:BCO) Has Announced A Dividend Of $0.20
Sep 24The Brink's declares $0.20 dividend
Sep 21Should You Investigate The Brink's Company (NYSE:BCO) At US$58.77?
Aug 19The Brink's Company: Revisiting The Bullish Case
Aug 12Brink's (NYSE:BCO) Is Paying Out A Dividend Of $0.20
Aug 04The Brink's declares $0.20 dividend
Jul 29Brink's (NYSE:BCO) Takes On Some Risk With Its Use Of Debt
Jul 28The Brink's Company's (NYSE:BCO) Shareholders Might Be Looking For Exit
Jul 12A Look At The Intrinsic Value Of The Brink's Company (NYSE:BCO)
May 24The Brink's Company: The Bullish Case Is Compelling
May 19Financial Position Analysis
Short Term Liabilities: BCO's short term assets ($2.9B) exceed its short term liabilities ($2.0B).
Long Term Liabilities: BCO's short term assets ($2.9B) do not cover its long term liabilities ($4.2B).
Debt to Equity History and Analysis
Debt Level: BCO's net debt to equity ratio (474.6%) is considered high.
Reducing Debt: BCO's debt to equity ratio has reduced from 877.2% to 690.5% over the past 5 years.
Debt Coverage: BCO's debt is well covered by operating cash flow (22.6%).
Interest Coverage: BCO's interest payments on its debt are well covered by EBIT (3x coverage).