B&G Foods Balance Sheet Health
Financial Health criteria checks 1/6
B&G Foods has a total shareholder equity of $755.3M and total debt of $2.1B, which brings its debt-to-equity ratio to 275.3%. Its total assets and total liabilities are $3.4B and $2.7B respectively. B&G Foods's EBIT is $219.2M making its interest coverage ratio 1.4. It has cash and short-term investments of $54.7M.
Key information
275.3%
Debt to equity ratio
US$2.08b
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$54.69m |
| Equity | US$755.31m |
| Total liabilities | US$2.66b |
| Total assets | US$3.42b |
Recent financial health updates
Is B&G Foods (NYSE:BGS) Using Too Much Debt?
Nov 07
Here's Why B&G Foods (NYSE:BGS) Has A Meaningful Debt Burden
Dec 05B&G Foods (NYSE:BGS) Has A Somewhat Strained Balance Sheet
Aug 30Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load
May 09Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load
Jan 14Recent updates
B&G Foods (NYSE:BGS) Is Paying Out A Dividend Of $0.19
Dec 11B&G Foods: Sale Of Business Units, Positive FCF, And Cheap
Dec 03B&G Foods, Inc.'s (NYSE:BGS) 26% Dip In Price Shows Sentiment Is Matching Revenues
Nov 15Is B&G Foods (NYSE:BGS) Using Too Much Debt?
Nov 07Here's What To Make Of B&G Foods' (NYSE:BGS) Decelerating Rates Of Return
Sep 18B&G Foods: Shares Are Getting Cheap, But Headwinds Remain Strong
Sep 17B&G Foods (NYSE:BGS) Has Announced A Dividend Of $0.19
Aug 03Calculating The Fair Value Of B&G Foods, Inc. (NYSE:BGS)
Jul 17B&G Foods: Valuation Now Starting To Become Attractive For Bottom-Feeders
Jul 02B&G Foods' (NYSE:BGS) Dividend Will Be $0.19
Jun 19B&G Foods (NYSE:BGS) Is Paying Out A Dividend Of $0.19
May 31Benign Growth For B&G Foods, Inc. (NYSE:BGS) Underpins Stock's 26% Plummet
May 10B&G Foods: Hold, Weak Fundamentals, And Technicals Require Patience
Apr 17Are Investors Undervaluing B&G Foods, Inc. (NYSE:BGS) By 20%?
Mar 18B&G Foods: Unexciting Prospects
Jan 29Getting In Cheap On B&G Foods, Inc. (NYSE:BGS) Is Unlikely
Jan 17B&G Foods: In Need Of A Major Strategic Shift
Jan 05Here's Why B&G Foods (NYSE:BGS) Has A Meaningful Debt Burden
Dec 05B&G Foods' (NYSE:BGS) Dividend Will Be $0.19
Nov 19B&G Foods: Too Expensive, Even With A Single-Digit Forward P/E
Oct 27B&G Foods (NYSE:BGS) Has A Somewhat Strained Balance Sheet
Aug 30B&G Foods: Slight Margin Improvements But Future Growth Remains A Concern
Aug 21A Look At The Intrinsic Value Of B&G Foods, Inc. (NYSE:BGS)
Jul 29B&G Foods: Leverage Overhang Continues
Jun 06Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load
May 09B&G Foods (NYSE:BGS) Is Reducing Its Dividend To $0.19
Mar 03B&G Foods: Debt-Ridden, Even Selling All Long-Term Net Assets Can't Potentially Save Them
Feb 21Here's Why B&G Foods (NYSE:BGS) Is Weighed Down By Its Debt Load
Jan 14B&G Foods (NYSE:BGS) Is Paying Out Less In Dividends Than Last Year
Dec 20B&G Foods to sell Back to Nature snack brand to Barilla America
Dec 15B&G Foods' (NYSE:BGS) Dividend Is Being Reduced To $0.19
Nov 20Financial Position Analysis
Short Term Liabilities: BGS's short term assets ($882.5M) exceed its short term liabilities ($537.6M).
Long Term Liabilities: BGS's short term assets ($882.5M) do not cover its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: BGS's net debt to equity ratio (268.1%) is considered high.
Reducing Debt: BGS's debt to equity ratio has increased from 253% to 275.3% over the past 5 years.
Debt Coverage: BGS's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: BGS's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 04:37 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
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
B&G Foods, Inc. is covered by 22 analysts. 4 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 |
|---|---|
| Andrew Lazar | Barclays |
| Adam Mizrahi | Berenberg |
| Kenneth Zaslow | BMO Capital Markets Equity Research |