Brambles Balance Sheet Health
Financial Health criteria checks 3/6
Brambles has a total shareholder equity of $3.1B and total debt of $2.2B, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are $8.8B and $5.6B respectively. Brambles's EBIT is $1.2B making its interest coverage ratio 10.2. It has cash and short-term investments of $195.9M.
Key information
70.4%
Debt to equity ratio
US$2.20b
Debt
Interest coverage ratio | 10.2x |
Cash | US$195.90m |
Equity | US$3.13b |
Total liabilities | US$5.65b |
Total assets | US$8.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BXBL.Y's short term assets ($1.4B) do not cover its short term liabilities ($2.7B).
Long Term Liabilities: BXBL.Y's short term assets ($1.4B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: BXBL.Y's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: BXBL.Y's debt to equity ratio has reduced from 91.1% to 70.4% over the past 5 years.
Debt Coverage: BXBL.Y's debt is well covered by operating cash flow (90.6%).
Interest Coverage: BXBL.Y's interest payments on its debt are well covered by EBIT (10.2x coverage).