Whole Earth Brands Balance Sheet Health
Financial Health criteria checks 3/6
Whole Earth Brands has a total shareholder equity of $251.7M and total debt of $422.7M, which brings its debt-to-equity ratio to 167.9%. Its total assets and total liabilities are $825.7M and $574.0M respectively. Whole Earth Brands's EBIT is $26.3M making its interest coverage ratio 0.6. It has cash and short-term investments of $30.5M.
Key information
167.9%
Debt to equity ratio
US$422.68m
Debt
Interest coverage ratio | 0.6x |
Cash | US$30.51m |
Equity | US$251.69m |
Total liabilities | US$574.01m |
Total assets | US$825.70m |
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 15Whole 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 ($320.2M) exceed its short term liabilities ($99.0M).
Long Term Liabilities: FREE's short term assets ($320.2M) do not cover its long term liabilities ($475.1M).
Debt to Equity History and Analysis
Debt Level: FREE's net debt to equity ratio (155.8%) 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 28.6% per year.