Bunge Global Balance Sheet Health
Financial Health criteria checks 6/6
Bunge Global has a total shareholder equity of $11.0B and total debt of $5.0B, which brings its debt-to-equity ratio to 45.9%. Its total assets and total liabilities are $24.4B and $13.4B respectively. Bunge Global's EBIT is $2.3B making its interest coverage ratio 6.2. It has cash and short-term investments of $1.3B.
Key information
45.9%
Debt to equity ratio
US$5.04b
Debt
| Interest coverage ratio | 6.2x |
| Cash | US$1.33b |
| Equity | US$10.99b |
| Total liabilities | US$13.44b |
| Total assets | US$24.43b |
Recent financial health updates
Bunge Global (NYSE:BG) Seems To Use Debt Quite Sensibly
Apr 15
We Think Bunge Global (NYSE:BG) Is Taking Some Risk With Its Debt
Dec 11Is Bunge (NYSE:BG) A Risky Investment?
Sep 04These 4 Measures Indicate That Bunge (NYSE:BG) Is Using Debt Extensively
Apr 19Recent updates
Bunge Global's (NYSE:BG) Dividend Will Be $0.68
Sep 11Some May Be Optimistic About Bunge Global's (NYSE:BG) Earnings
Aug 08Bunge Global SA: On The Verge Of A Significant Merger Despite Falling Revenues
Aug 06Bunge Global (NYSE:BG) Is Due To Pay A Dividend Of $0.68
Jul 29Bunge Global's (NYSE:BG) Dividend Will Be $0.68
Jul 15Bunge Global (NYSE:BG) Will Pay A Dividend Of $0.68
Jul 01Bunge Global (NYSE:BG) Is Due To Pay A Dividend Of $0.68
Jun 17Bunge Global SA's (NYSE:BG) Low P/E No Reason For Excitement
Jun 08Bunge Global (NYSE:BG) Has Announced A Dividend Of $0.68
May 21Bunge: Consolidation Could Be A Buying Opportunity
May 16Bunge Global (NYSE:BG) Seems To Use Debt Quite Sensibly
Apr 15Bunge Global SA: Held Down By ABCD Issues, Buying The Dip
Mar 07Here's Why We Think Bunge Global (NYSE:BG) Is Well Worth Watching
Feb 25Earnings Beat: Bunge Global SA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 10Bunge: A Negative Outlook Due To Commodity Price Decline
Feb 02Bunge Global SA (NYSE:BG) Shares Could Be 35% Below Their Intrinsic Value Estimate
Jan 09Bunge Global SA: A Good Investment Choice In The Agricultural Sector
Jan 06Bunge Global SA (NYSE:BG) Looks Inexpensive But Perhaps Not Attractive Enough
Dec 25We Think Bunge Global (NYSE:BG) Is Taking Some Risk With Its Debt
Dec 11Does Bunge Global (NYSE:BG) Deserve A Spot On Your Watchlist?
Nov 26Bunge: Valuation Looks Attractive, But Risks Are Very High
Oct 24Bunge Limited (NYSE:BG) Shares Could Be 43% Below Their Intrinsic Value Estimate
Oct 04Bunge: The Top Pick For Dividend Growth In Agriculture
Oct 03Is Bunge (NYSE:BG) A Risky Investment?
Sep 04Bunge: Too Cheap Despite Weak Growth This Year, Impressive Momentum
Aug 28Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 08Bunge (NYSE:BG) Ticks All The Boxes When It Comes To Earnings Growth
Aug 03Bunge's (NYSE:BG) Upcoming Dividend Will Be Larger Than Last Year's
Jul 14Bunge's (NYSE:BG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 30Bunge (NYSE:BG) Is Paying Out A Larger Dividend Than Last Year
Jun 14Bunge: Getting Bigger And More Diverse But Still Sandbagging
Jun 13Bunge (NYSE:BG) Has Announced That It Will Be Increasing Its Dividend To $0.6625
May 26Bunge (NYSE:BG) Will Pay A Larger Dividend Than Last Year At $0.625
May 12We Like These Underlying Return On Capital Trends At Bunge (NYSE:BG)
May 10These 4 Measures Indicate That Bunge (NYSE:BG) Is Using Debt Extensively
Apr 19Bunge declares $0.625 dividend
Feb 23Bunge (NYSE:BG) Shareholders Will Want The ROCE Trajectory To Continue
Feb 09Bunge reports mixed Q4 earnings; initiates FY23 outlook
Feb 08Financial Position Analysis
Short Term Liabilities: BG's short term assets ($15.5B) exceed its short term liabilities ($7.6B).
Long Term Liabilities: BG's short term assets ($15.5B) exceed its long term liabilities ($5.8B).
Debt to Equity History and Analysis
Debt Level: BG's net debt to equity ratio (33.8%) is considered satisfactory.
Reducing Debt: BG's debt to equity ratio has reduced from 91.3% to 45.9% over the past 5 years.
Debt Coverage: BG's debt is well covered by operating cash flow (46.7%).
Interest Coverage: BG's interest payments on its debt are well covered by EBIT (6.2x coverage).