Bunge Global Balance Sheet Health
Financial Health criteria checks 6/6
Bunge Global has a total shareholder equity of $11.5B and total debt of $5.1B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are $25.8B and $14.3B respectively. Bunge Global's EBIT is $2.9B making its interest coverage ratio 8.1. It has cash and short-term investments of $3.1B.
Key information
44.2%
Debt to equity ratio
US$5.10b
Debt
| Interest coverage ratio | 8.1x |
| Cash | US$3.14b |
| Equity | US$11.53b |
| Total liabilities | US$14.29b |
| Total assets | US$25.82b |
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 (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 08Bunge (NYSE:BG) Has A Somewhat Strained Balance Sheet
Jan 11Financial Position Analysis
Short Term Liabilities: BG's short term assets ($16.7B) exceed its short term liabilities ($8.4B).
Long Term Liabilities: BG's short term assets ($16.7B) exceed its long term liabilities ($5.9B).
Debt to Equity History and Analysis
Debt Level: BG's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: BG's debt to equity ratio has reduced from 88.7% to 44.2% over the past 5 years.
Debt Coverage: BG's debt is well covered by operating cash flow (66.2%).
Interest Coverage: BG's interest payments on its debt are well covered by EBIT (8.1x coverage).