Broadridge Financial Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Broadridge Financial Solutions has a total shareholder equity of $2.2B and total debt of $3.7B, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are $8.2B and $6.0B respectively. Broadridge Financial Solutions's EBIT is $1.2B making its interest coverage ratio 8.6. It has cash and short-term investments of $290.6M.
Key information
164.1%
Debt to equity ratio
US$3.66b
Debt
| Interest coverage ratio | 8.6x |
| Cash | US$290.60m |
| Equity | US$2.23b |
| Total liabilities | US$6.00b |
| Total assets | US$8.23b |
Recent financial health updates
Broadridge Financial Solutions (NYSE:BR) Seems To Use Debt Quite Sensibly
Nov 21
Broadridge Financial Solutions (NYSE:BR) Has A Pretty Healthy Balance Sheet
Jul 15Broadridge Financial Solutions (NYSE:BR) Seems To Use Debt Quite Sensibly
Apr 16Recent updates
Broadridge: Great Company, Not A Great Entry Point
Feb 20Investors Met With Slowing Returns on Capital At Broadridge Financial Solutions (NYSE:BR)
Feb 17The Broadridge Financial Solutions, Inc. (NYSE:BR) Second-Quarter Results Are Out And Analysts Have Published New Forecasts
Feb 04Is Now An Opportune Moment To Examine Broadridge Financial Solutions, Inc. (NYSE:BR)?
Jan 20Broadridge Financial Solutions, Inc.'s (NYSE:BR) Intrinsic Value Is Potentially 47% Above Its Share Price
Jan 06Broadridge Financial Solutions, Inc. (NYSE:BR) Not Flying Under The Radar
Dec 05Broadridge Financial Solutions (NYSE:BR) Seems To Use Debt Quite Sensibly
Nov 21Broadridge: More High Single-Digit Earnings Growth Ahead
Nov 10We Think The Compensation For Broadridge Financial Solutions, Inc.'s (NYSE:BR) CEO Looks About Right
Nov 07Broadridge Financial Solutions' (NYSE:BR) Returns On Capital Not Reflecting Well On The Business
Oct 21Should You Think About Buying Broadridge Financial Solutions, Inc. (NYSE:BR) Now?
Oct 09Are Investors Undervaluing Broadridge Financial Solutions, Inc. (NYSE:BR) By 36%?
Sep 27Broadridge Financial Solutions (NYSE:BR) Is Paying Out A Larger Dividend Than Last Year
Aug 22Broadridge Financial Solutions, Inc. (NYSE:BR) Not Lagging Market On Growth Or Pricing
Aug 20Broadridge: Boring And Steady As We Like
Aug 16Should You Be Adding Broadridge Financial Solutions (NYSE:BR) To Your Watchlist Today?
Aug 08Broadridge Financial Solutions (NYSE:BR) Has A Pretty Healthy Balance Sheet
Jul 15What Is Broadridge Financial Solutions, Inc.'s (NYSE:BR) Share Price Doing?
Jul 03Is There An Opportunity With Broadridge Financial Solutions, Inc.'s (NYSE:BR) 28% Undervaluation?
Jun 21Broadridge Financial Solutions (NYSE:BR) May Have Issues Allocating Its Capital
Jun 04Broadridge Financial Faces Slowing Growth Amid Investor Uncertainty
May 29If EPS Growth Is Important To You, Broadridge Financial Solutions (NYSE:BR) Presents An Opportunity
May 09Broadridge 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 11Broadridge: Consistently Strong Financial Performance But Unattractive Valuation
Feb 06Broadridge: Magnificent Financials Come At A Price
Nov 16Financial Position Analysis
Short Term Liabilities: BR's short term assets ($1.5B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: BR's short term assets ($1.5B) do not cover its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: BR's net debt to equity ratio (151%) is considered high.
Reducing Debt: BR's debt to equity ratio has reduced from 164.3% to 164.1% over the past 5 years.
Debt Coverage: BR's debt is well covered by operating cash flow (28.4%).
Interest Coverage: BR's interest payments on its debt are well covered by EBIT (8.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 22:34 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Broadridge Financial Solutions, Inc. is covered by 23 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jennifer Cook | Atlantic Equities LLP |
| Ishan Majumdar | Baptista Research |
| Darrin Peller | Barclays |