Broadridge Financial Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Broadridge Financial Solutions has a total shareholder equity of $2.1B and total debt of $3.7B, which brings its debt-to-equity ratio to 176.7%. Its total assets and total liabilities are $8.0B and $5.9B respectively. Broadridge Financial Solutions's EBIT is $1.0B making its interest coverage ratio 7. It has cash and short-term investments of $277.7M.
Key information
176.7%
Debt to equity ratio
US$3.65b
Debt
| Interest coverage ratio | 7x |
| Cash | US$277.70m |
| Equity | US$2.07b |
| Total liabilities | US$5.93b |
| Total assets | US$8.00b |
Recent financial health updates
Broadridge Financial Solutions (NYSE:BR) Seems To Use Debt Quite Sensibly
Apr 16
Broadridge Financial Solutions (NYSE:BR) Has A Pretty Healthy Balance Sheet
Jan 10These 4 Measures Indicate That Broadridge Financial Solutions (NYSE:BR) Is Using Debt Reasonably Well
Sep 25Does Broadridge Financial Solutions (NYSE:BR) Have A Healthy Balance Sheet?
Jun 07These 4 Measures Indicate That Broadridge Financial Solutions (NYSE:BR) Is Using Debt Reasonably Well
Mar 08Does Broadridge Financial Solutions (NYSE:BR) Have A Healthy Balance Sheet?
Nov 29Recent updates
Broadridge Financial Solutions (NYSE:BR) Seems To Use Debt Quite Sensibly
Apr 16Broadridge Financial Solutions, Inc.'s (NYSE:BR) Earnings Haven't Escaped The Attention Of Investors
Apr 04Are Investors Undervaluing Broadridge Financial Solutions, Inc. (NYSE:BR) By 24%?
Mar 11At US$198, Is It Time To Put Broadridge Financial Solutions, Inc. (NYSE:BR) On Your Watch List?
Feb 16Broadridge: Consistently Strong Financial Performance But Unattractive Valuation
Feb 06Here's Why We Think Broadridge Financial Solutions (NYSE:BR) Might Deserve Your Attention Today
Feb 04Broadridge Financial Solutions (NYSE:BR) Has A Pretty Healthy Balance Sheet
Jan 10Broadridge Financial Solutions, Inc. (NYSE:BR) Investors Are Less Pessimistic Than Expected
Dec 29Estimating The Fair Value Of Broadridge Financial Solutions, Inc. (NYSE:BR)
Dec 05Broadridge Financial Solutions (NYSE:BR) May Have Issues Allocating Its Capital
Nov 23Broadridge: Magnificent Financials Come At A Price
Nov 16We Think The Compensation For Broadridge Financial Solutions, Inc.'s (NYSE:BR) CEO Looks About Right
Nov 03Here's Why We Think Broadridge Financial Solutions (NYSE:BR) Might Deserve Your Attention Today
Oct 31Is It Time To Consider Buying Broadridge Financial Solutions, Inc. (NYSE:BR)?
Oct 07These 4 Measures Indicate That Broadridge Financial Solutions (NYSE:BR) Is Using Debt Reasonably Well
Sep 25Broadridge Financial Solutions' (NYSE:BR) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29Broadridge: Accelerating Growth Makes Shares A Buy
Aug 27Broadridge Financial Solutions (NYSE:BR) Will Want To Turn Around Its Return Trends
Aug 13Is There Now An Opportunity In Broadridge Financial Solutions, Inc. (NYSE:BR)?
Jul 05Estimating The Fair Value Of Broadridge Financial Solutions, Inc. (NYSE:BR)
Jun 21Broadridge: A Good Long-Term Bet
Jun 14Does Broadridge Financial Solutions (NYSE:BR) Have A Healthy Balance Sheet?
Jun 07Here's What's Concerning About Broadridge Financial Solutions' (NYSE:BR) Returns On Capital
May 12Is Now An Opportune Moment To Examine Broadridge Financial Solutions, Inc. (NYSE:BR)?
Apr 03These 4 Measures Indicate That Broadridge Financial Solutions (NYSE:BR) Is Using Debt Reasonably Well
Mar 08Broadridge Financial Solutions declares $0.725 dividend
Feb 16A Look At The Fair Value Of Broadridge Financial Solutions, Inc. (NYSE:BR)
Feb 11Broadridge Financial Solutions FQ2 2023 Earnings Preview
Feb 01Broadridge Financial Solutions (NYSE:BR) Could Be Struggling To Allocate Capital
Jan 18Broadridge Financial: The Share Price Is Approaching Our Fair Value Estimate
Jan 08What Does Broadridge Financial Solutions, Inc.'s (NYSE:BR) Share Price Indicate?
Dec 24Broadridge Financial offers securities-based lending tech to IntraFi network
Dec 08Does Broadridge Financial Solutions (NYSE:BR) Have A Healthy Balance Sheet?
Nov 29Financial Position Analysis
Short Term Liabilities: BR's short term assets ($1.4B) exceed its short term liabilities ($971.2M).
Long Term Liabilities: BR's short term assets ($1.4B) do not cover its long term liabilities ($5.0B).
Debt to Equity History and Analysis
Debt Level: BR's net debt to equity ratio (163.2%) is considered high.
Reducing Debt: BR's debt to equity ratio has increased from 106.4% to 176.7% over the past 5 years.
Debt Coverage: BR's debt is well covered by operating cash flow (28.3%).
Interest Coverage: BR's interest payments on its debt are well covered by EBIT (7x coverage).