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 $5.1B, which brings its debt-to-equity ratio to 166%. Its total assets and total liabilities are $12.1B and $9.0B respectively. Newell Brands's EBIT is $486.0M making its interest coverage ratio 1.7. It has cash and short-term investments of $372.0M.
Key information
166.0%
Debt to equity ratio
US$5.11b
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$372.00m |
| Equity | US$3.08b |
| Total liabilities | US$9.02b |
| Total assets | US$12.10b |
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 05Recent updates
Newell Brands Stock: Combination Of Factors Make It A Short
Apr 29What Is Newell Brands Inc.'s (NASDAQ:NWL) Share Price Doing?
Apr 29Newell 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 08Financial Position Analysis
Short Term Liabilities: NWL's short term assets ($3.4B) exceed its short term liabilities ($3.0B).
Long Term Liabilities: NWL's short term assets ($3.4B) do not cover its long term liabilities ($6.1B).
Debt to Equity History and Analysis
Debt Level: NWL's net debt to equity ratio (153.9%) is considered high.
Reducing Debt: NWL's debt to equity ratio has increased from 145.6% to 166% 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 12.6% per year.