Brady Balance Sheet Health
Financial Health criteria checks 5/6
Brady has a total shareholder equity of $1.0B and total debt of $63.8M, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are $1.4B and $402.0M respectively. Brady's EBIT is $239.2M making its interest coverage ratio -56.9. It has cash and short-term investments of $160.5M.
Key information
6.2%
Debt to equity ratio
US$63.77m
Debt
| Interest coverage ratio | -56.9x |
| Cash | US$160.46m |
| Equity | US$1.02b |
| Total liabilities | US$401.99m |
| Total assets | US$1.42b |
Recent financial health updates
Is Brady (NYSE:BRC) Using Too Much Debt?
Aug 17
Is Brady (NYSE:BRC) Using Too Much Debt?
Mar 12Brady (NYSE:BRC) Could Easily Take On More Debt
Nov 01Is Brady (NYSE:BRC) Using Too Much Debt?
Jul 23Brady (NYSE:BRC) Seems To Use Debt Rather Sparingly
Apr 01Brady (NYSE:BRC) Has A Rock Solid Balance Sheet
Oct 24Recent updates
Is Now The Time To Put Brady (NYSE:BRC) On Your Watchlist?
Aug 29Is Brady (NYSE:BRC) Using Too Much Debt?
Aug 17Brady Corporation's (NYSE:BRC) Intrinsic Value Is Potentially 57% Above Its Share Price
Aug 05Brady Corporation: Let's See How Sales And Profitability Progress Before Jumping In
Jun 26Brady (NYSE:BRC) Will Pay A Dividend Of $0.235
Jun 19Brady's (NYSE:BRC) Dividend Will Be $0.235
May 25If EPS Growth Is Important To You, Brady (NYSE:BRC) Presents An Opportunity
May 08Is There An Opportunity With Brady Corporation's (NYSE:BRC) 37% Undervaluation?
Apr 17Brady (NYSE:BRC) Has Announced A Dividend Of $0.235
Mar 31Brady Corporation: Securing Products
Mar 18Is Brady (NYSE:BRC) Using Too Much Debt?
Mar 12Brady (NYSE:BRC) Is Due To Pay A Dividend Of $0.235
Feb 27Here's Why We Think Brady (NYSE:BRC) Might Deserve Your Attention Today
Feb 07Brady Corporation's (NYSE:BRC) P/E Still Appears To Be Reasonable
Jan 23Brady (NYSE:BRC) Will Pay A Dividend Of $0.235
Jan 01Brady Corporation: Strong Fundamentals With Solid Growth Prospects
Dec 27Brady (NYSE:BRC) Is Due To Pay A Dividend Of $0.235
Dec 13Brady (NYSE:BRC) Is Aiming To Keep Up Its Impressive Returns
Dec 03Brady (NYSE:BRC) Could Easily Take On More Debt
Nov 01Brady Corporation Focuses On Shareholder Returns
Oct 12Brady (NYSE:BRC) Has Announced A Dividend Of $0.235
Sep 08Returns On Capital At Brady (NYSE:BRC) Have Hit The Brakes
Aug 28We Ran A Stock Scan For Earnings Growth And Brady (NYSE:BRC) Passed With Ease
Aug 08Brady Corporation: ID Solutions Provider Looks Safer Again (Rating Upgrade)
Aug 04Is Brady (NYSE:BRC) Using Too Much Debt?
Jul 23Brady (NYSE:BRC) Is Due To Pay A Dividend Of $0.23
Jun 26Is Brady Corporation (NYSE:BRC) Trading At A 34% Discount?
Jun 08Brady's (NYSE:BRC) Dividend Will Be $0.23
May 26We Ran A Stock Scan For Earnings Growth And Brady (NYSE:BRC) Passed With Ease
Apr 26Brady's (NYSE:BRC) Dividend Will Be $0.23
Apr 05Brady (NYSE:BRC) Seems To Use Debt Rather Sparingly
Apr 01Brady's (NYSE:BRC) Dividend Will Be $0.23
Mar 12Brady Corporation's (NYSE:BRC) Intrinsic Value Is Potentially 77% Above Its Share Price
Feb 28Brady declares $0.23 dividend
Feb 23The Returns At Brady (NYSE:BRC) Aren't Growing
Feb 10Brady's (NYSE:BRC) Dividend Will Be $0.23
Nov 30Brady Q1 2023 Earnings Preview
Nov 16Returns On Capital At Brady (NYSE:BRC) Have Stalled
Nov 11Brady (NYSE:BRC) Has A Rock Solid Balance Sheet
Oct 24Brady's (NYSE:BRC) Dividend Will Be Increased To $0.23
Sep 06Brady Q4 2022 Earnings Preview
Aug 31Margin Drivers To Steady Brady Corporation Despite Cash Flow Concerns
Aug 18Returns At Brady (NYSE:BRC) Appear To Be Weighed Down
Aug 02We Think Brady (NYSE:BRC) Can Manage Its Debt With Ease
Jul 12Brady (NYSE:BRC) Is Due To Pay A Dividend Of US$0.23
Jun 27Financial Position Analysis
Short Term Liabilities: BRC's short term assets ($521.3M) exceed its short term liabilities ($253.1M).
Long Term Liabilities: BRC's short term assets ($521.3M) exceed its long term liabilities ($148.8M).
Debt to Equity History and Analysis
Debt Level: BRC has more cash than its total debt.
Reducing Debt: BRC's debt to equity ratio has increased from 6.1% to 6.2% over the past 5 years.
Debt Coverage: BRC's debt is well covered by operating cash flow (392.6%).
Interest Coverage: BRC earns more interest than it pays, so coverage of interest payments is not a concern.