This company has been acquired
Whole Earth Brands Balance Sheet Health
Financial Health criteria checks 3/6
Whole Earth Brands has a total shareholder equity of $232.1M and total debt of $427.6M, which brings its debt-to-equity ratio to 184.2%. Its total assets and total liabilities are $809.1M and $577.0M respectively. Whole Earth Brands's EBIT is $36.4M making its interest coverage ratio 0.8. It has cash and short-term investments of $24.8M.
Key information
184.2%
Debt to equity ratio
US$427.58m
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$24.79m |
| Equity | US$232.09m |
| Total liabilities | US$577.04m |
| Total assets | US$809.13m |
Recent financial health updates
Recent updates
Whole Earth Brands, Inc.'s (NASDAQ:FREE) Shares Leap 31% Yet They're Still Not Telling The Full Story
Feb 15
Whole Earth Brands: Story Remains Unchanged
Jan 12Whole Earth Brands GAAP EPS of $0.03 misses by $0.07, revenue of $133.5M beats by $2.85M
Aug 09Laughing Water Capital - Whole Earth Brands: Starting From A Good Place
Jul 27Unwise Decision Of Whole Earth Brands To Pay The Earn-Out With Equity
Jun 02Whole Earth Brands' (NASDAQ:FREE) Promising Earnings May Rest On Soft Foundations
May 18Whole Earth Brands, Inc. (NASDAQ:FREE) Just Reported, And Analysts Assigned A US$17.00 Price Target
Mar 17Whole Earth Brands: Reinvesting In The Business And Lowering Debt Should Be The Priorities
Feb 16Whole Earth Brands: A Cheap Company In The Growing Natural Sweetener Space
Oct 22What Kind Of Shareholders Hold The Majority In Whole Earth Brands, Inc.'s (NASDAQ:FREE) Shares?
Feb 10Whole Earth Brands (FREE) Presents At 2021 ICR Conference - Slideshow
Jan 14Whole Earth Brands still seen as undervalue by Cantor Fitzgerald
Jan 13Whole Earth: A Sweet Company To Buy
Dec 21Whole Earth Brands pops after attracting new bull rating
Dec 15Whole Earth Brands: Decent Valuation And Growth Potential Make This A Sweet Deal
Dec 09Whole Earth Brands spikes after Cantor Fitzgerald points to +150% upside
Dec 01Financial Position Analysis
Short Term Liabilities: FREE's short term assets ($307.6M) exceed its short term liabilities ($77.9M).
Long Term Liabilities: FREE's short term assets ($307.6M) do not cover its long term liabilities ($499.2M).
Debt to Equity History and Analysis
Debt Level: FREE's net debt to equity ratio (173.6%) is considered high.
Reducing Debt: Insufficient data to determine if FREE's debt to equity ratio has reduced 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 FREE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FREE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 16.7% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/08/06 06:56 |
| End of Day Share Price | 2024/08/06 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Whole Earth Brands, Inc. is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Robert Burleson | Canaccord Genuity |
| Pablo Zuanic | Cantor Fitzgerald & Co. |
| William Newby | D.A. Davidson & Co. |