Brambles Balance Sheet Health
Financial Health criteria checks 3/6
Brambles has a total shareholder equity of $3.2B and total debt of $1.8B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are $8.7B and $5.5B respectively. Brambles's EBIT is $1.2B making its interest coverage ratio 11. It has cash and short-term investments of $112.9M.
Key information
54.9%
Debt to equity ratio
US$1.77b
Debt
| Interest coverage ratio | 11x |
| Cash | US$112.90m |
| Equity | US$3.23b |
| Total liabilities | US$5.50b |
| Total assets | US$8.73b |
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 ($2.3B).
Long Term Liabilities: BXBL.Y's short term assets ($1.4B) do not cover its long term liabilities ($3.2B).
Debt to Equity History and Analysis
Debt Level: BXBL.Y's net debt to equity ratio (51.4%) is considered high.
Reducing Debt: BXBL.Y's debt to equity ratio has reduced from 57.8% to 54.9% over the past 5 years.
Debt Coverage: BXBL.Y's debt is well covered by operating cash flow (101.9%).
Interest Coverage: BXBL.Y's interest payments on its debt are well covered by EBIT (11x coverage).