Brown-Forman Balance Sheet Health
Financial Health criteria checks 4/6
Brown-Forman has a total shareholder equity of $3.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 105%. Its total assets and total liabilities are $8.2B and $5.0B respectively. Brown-Forman's EBIT is $1.2B making its interest coverage ratio 10.6. It has cash and short-term investments of $589.0M.
Key information
105.0%
Debt to equity ratio
US$3.41b
Debt
| Interest coverage ratio | 10.6x |
| Cash | US$589.00m |
| Equity | US$3.25b |
| Total liabilities | US$4.99b |
| Total assets | US$8.24b |
Recent financial health updates
Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet
Aug 04
We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt
Apr 18These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely
Jan 09Is Brown-Forman (NYSE:BF.B) Using Too Much Debt?
Oct 02Here's Why Brown-Forman (NYSE:BF.B) Can Manage Its Debt Responsibly
Jun 13Recent updates
Brown-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 02There Are Reasons To Feel Uneasy About Brown-Forman's (NYSE:BF.B) Returns On Capital
Sep 16Brown-Forman: Expectation Remains High At 31x Forward P/E
Sep 04Brown-Forman (NYSE:BF.B) Has A Pretty Healthy Balance Sheet
Aug 04A Look At The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)
Jul 20Brown-Forman's Premium Brands Drive Profitability In The Spirits Industry
Jul 09Here's What's Concerning About Brown-Forman's (NYSE:BF.B) Returns On Capital
May 06We Think Brown-Forman (NYSE:BF.B) Can Stay On Top Of Its Debt
Apr 18Is Brown-Forman Corporation (NYSE:BF.B) Expensive For A Reason? A Look At Its Intrinsic Value
Mar 17A Look Into Brown-Forman's (NYSE:BF.B) Impressive Returns On Capital
Jan 25Brown-Forman declares $0.2055 dividend
Jan 24Brown-Forman: A Baby Boomer Bubble Stock
Jan 11These 4 Measures Indicate That Brown-Forman (NYSE:BF.B) Is Using Debt Safely
Jan 09Brown-Forman FQ2 2023 Earnings Preview
Dec 06Brown-Forman's (NYSE:BF.B) Dividend Will Be Increased To $0.2055
Nov 21Brown-Forman's Valuation Leaves A Bad Taste In My Mouth
Nov 07Brown-Forman (NYSE:BF.B) Looks To Prolong Its Impressive Returns
Oct 18Is Brown-Forman (NYSE:BF.B) Using Too Much Debt?
Oct 02Brown-Forman (NYSE:BF.B) Is Paying Out A Dividend Of $0.1885
Sep 01Brown-Forman Q1 2023 Earnings Preview
Aug 30Estimating The Fair Value Of Brown-Forman Corporation (NYSE:BF.B)
Aug 28Brown-Forman (NYSE:BF.B) Has Announced A Dividend Of $0.1885
Aug 15Brown-Forman (NYSE:BF.B) Will Pay A Dividend Of $0.1885
Aug 01Brown-Forman declares $0.1885 dividend
Jul 28Brown-Forman (NYSE:BF.B) Is Reinvesting To Multiply In Value
Jul 11Here's Why Brown-Forman (NYSE:BF.B) Can Manage Its Debt Responsibly
Jun 13Financial Position Analysis
Short Term Liabilities: BF.B's short term assets ($4.4B) exceed its short term liabilities ($1.6B).
Long Term Liabilities: BF.B's short term assets ($4.4B) exceed its long term liabilities ($3.4B).
Debt to Equity History and Analysis
Debt Level: BF.B's net debt to equity ratio (86.8%) is considered high.
Reducing Debt: BF.B's debt to equity ratio has reduced from 168% to 105% over the past 5 years.
Debt Coverage: BF.B's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: BF.B's interest payments on its debt are well covered by EBIT (10.6x coverage).