Newell Brands Balance Sheet Health
Financial Health criteria checks 3/6
Newell Brands has a total shareholder equity of $3.1B and total debt of $5.0B, which brings its debt-to-equity ratio to 162%. Its total assets and total liabilities are $12.2B and $9.1B respectively. Newell Brands's EBIT is $446.0M making its interest coverage ratio 1.6. It has cash and short-term investments of $332.0M.
Key information
162.0%
Debt to equity ratio
US$5.04b
Debt
| Interest coverage ratio | 1.6x |
| Cash | US$332.00m |
| Equity | US$3.11b |
| Total liabilities | US$9.05b |
| Total assets | US$12.16b |
Recent financial health updates
Newell Brands (NASDAQ:NWL) Seems To Be Using A Lot Of Debt
Jan 04
Newell Brands (NASDAQ:NWL) Use Of Debt Could Be Considered Risky
Sep 18Newell Brands (NASDAQ:NWL) Seems To Be Using A Lot Of Debt
Jun 13Newell Brands (NASDAQ:NWL) Has A Somewhat Strained Balance Sheet
Feb 05Here's Why Newell Brands (NASDAQ:NWL) Has A Meaningful Debt Burden
Oct 05We Think Newell Brands (NASDAQ:NWL) Is Taking Some Risk With Its Debt
Jun 22Recent updates
Newell Brands: FY24 Could Be The Turning Point
Feb 28Newell Brands (NASDAQ:NWL) Seems To Be Using A Lot Of Debt
Jan 04Newell Brands (NASDAQ:NWL) Use Of Debt Could Be Considered Risky
Sep 18A Look At The Fair Value Of Newell Brands Inc. (NASDAQ:NWL)
Aug 28Why Newell Brands Inc. (NASDAQ:NWL) Could Be Worth Watching
Jul 23Newell Brands (NASDAQ:NWL) Seems To Be Using A Lot Of Debt
Jun 13Is Now An Opportune Moment To Examine Newell Brands Inc. (NASDAQ:NWL)?
Apr 23Newell Brands (NASDAQ:NWL) Is Due To Pay A Dividend Of $0.23
Feb 21Newell Brands (NASDAQ:NWL) Has Affirmed Its Dividend Of $0.23
Feb 07Newell Brands (NASDAQ:NWL) Has A Somewhat Strained Balance Sheet
Feb 05Is There Now An Opportunity In Newell Brands Inc. (NASDAQ:NWL)?
Jan 20Newell Brands (NASDAQ:NWL) Has Announced A Dividend Of $0.23
Nov 18Should You Think About Buying Newell Brands Inc. (NASDAQ:NWL) Now?
Oct 20Here's Why Newell Brands (NASDAQ:NWL) Has A Meaningful Debt Burden
Oct 05Newell Brands announces total $1B notes offering to redeem senior notes
Sep 09Newell Brands Inc.'s (NASDAQ:NWL) Intrinsic Value Is Potentially 71% Above Its Share Price
Sep 08Stanley Black & Decker And Newell Brands: Same Fate In Store?
Aug 16Newell Brands' (NASDAQ:NWL) Dividend Will Be $0.23
Aug 14Newell Brands Non-GAAP EPS of $0.57 beats by $0.10, revenue of $2.53B misses by $10M, updates FY guidance
Jul 29We Think Newell Brands (NASDAQ:NWL) Is Taking Some Risk With Its Debt
Jun 22Newell Shares Spill After Breaking Support
Jun 14Lacklustre Performance Is Driving Newell Brands Inc.'s (NASDAQ:NWL) Low P/E
Jun 02Financial Position Analysis
Short Term Liabilities: NWL's short term assets ($3.4B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: NWL's short term assets ($3.4B) do not cover its long term liabilities ($6.2B).
Debt to Equity History and Analysis
Debt Level: NWL's net debt to equity ratio (151.3%) is considered high.
Reducing Debt: NWL's debt to equity ratio has increased from 133.5% to 162% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable NWL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NWL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.2% per year.