Brown-Forman Balance Sheet Health
Financial Health criteria checks 5/6
Brown-Forman has a total shareholder equity of $3.7B and total debt of $3.2B, which brings its debt-to-equity ratio to 86.5%. Its total assets and total liabilities are $8.3B and $4.6B respectively. Brown-Forman's EBIT is $1.1B making its interest coverage ratio 9.8. It has cash and short-term investments of $416.0M.
Key information
86.5%
Debt to equity ratio
US$3.20b
Debt
| Interest coverage ratio | 9.8x |
| Cash | US$416.00m |
| Equity | US$3.71b |
| Total liabilities | US$4.63b |
| Total assets | US$8.33b |
Recent financial health updates
No updates
Recent updates
Brown-Forman Corporation: Unlikely To Meet Organic Sales Growth Guidance
Dec 20Brown-Forman: Jack Daniel's Tennessee Whiskey Is Out Of Favor, But Only Temporarily
Nov 18Brown-Forman: Stock Price Likely To Stay Rangebound (Maintain Hold Rating)
Sep 12Brown-Forman Corp: Multiple Growth Catalysts
Apr 24Brown-Forman: Normalization Year In FY24; Initiate With 'Buy'
Mar 21Brown-Forman: Valuation Has Gone Down, But So Has The Industry Growth Outlook
Jan 05Brown-Forman: Spirit Company Priced Like A High-End Cocktail
Dec 02Brown-Forman: Expectation Remains High At 31x Forward P/E
Sep 04Brown-Forman's Premium Brands Drive Profitability In The Spirits Industry
Jul 09Brown-Forman declares $0.2055 dividend
Jan 24Brown-Forman: A Baby Boomer Bubble Stock
Jan 11Brown-Forman FQ2 2023 Earnings Preview
Dec 06Financial Position Analysis
Short Term Liabilities: BF.B's short term assets ($4.2B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BF.B's short term assets ($4.2B) exceed its long term liabilities ($3.1B).
Debt to Equity History and Analysis
Debt Level: BF.B's net debt to equity ratio (75.2%) is considered high.
Reducing Debt: BF.B's debt to equity ratio has reduced from 125.8% to 86.5% over the past 5 years.
Debt Coverage: BF.B's debt is well covered by operating cash flow (21.2%).
Interest Coverage: BF.B's interest payments on its debt are well covered by EBIT (9.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 01:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/31 |
| Annual Earnings | 2024/04/30 |
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
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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
Brown-Forman Corporation is covered by 42 analysts. 15 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Michael Branca | Barclays |
| Lauren Lieberman | Barclays |