Flowers Foods Balance Sheet Health
Financial Health criteria checks 3/6
Flowers Foods has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 78.9%. Its total assets and total liabilities are $3.4B and $2.1B respectively. Flowers Foods's EBIT is $350.3M making its interest coverage ratio 21.8. It has cash and short-term investments of $22.5M.
Key information
78.9%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 21.8x |
| Cash | US$22.53m |
| Equity | US$1.35b |
| Total liabilities | US$2.08b |
| Total assets | US$3.43b |
Recent financial health updates
These 4 Measures Indicate That Flowers Foods (NYSE:FLO) Is Using Debt Reasonably Well
Jan 03
Here's Why Flowers Foods (NYSE:FLO) Can Manage Its Debt Responsibly
Aug 18We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
May 02Flowers Foods (NYSE:FLO) Has A Pretty Healthy Balance Sheet
Jan 05Is Flowers Foods (NYSE:FLO) A Risky Investment?
Sep 27We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
Jun 14Recent updates
Flowers Foods, Inc.'s (NYSE:FLO) Earnings Haven't Escaped The Attention Of Investors
Apr 26Investors Will Want Flowers Foods' (NYSE:FLO) Growth In ROCE To Persist
Apr 12Flowers Foods: Too Cheap To Ignore
Feb 29Flowers Foods' (NYSE:FLO) Conservative Accounting Might Explain Soft Earnings
Feb 15Investors Still Waiting For A Pull Back In Flowers Foods, Inc. (NYSE:FLO)
Jan 24These 4 Measures Indicate That Flowers Foods (NYSE:FLO) Is Using Debt Reasonably Well
Jan 03Flowers Foods: Stable Prospects, Stretched Valuation
Dec 26Slowing Rates Of Return At Flowers Foods (NYSE:FLO) Leave Little Room For Excitement
Dec 12Flowers Foods' (NYSE:FLO) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 19Flowers Foods: A Healthy Dividend, With Shares Near A Strong Entry Point
Oct 24Flowers Foods: The Valuation Remains Unattractive Despite The Sell-Off
Aug 31Here's Why Flowers Foods (NYSE:FLO) Can Manage Its Debt Responsibly
Aug 18Estimating The Fair Value Of Flowers Foods, Inc. (NYSE:FLO)
Aug 03Investors Met With Slowing Returns on Capital At Flowers Foods (NYSE:FLO)
Jul 18Flower Foods: Baked After A Tough Quarter
Jun 15Flowers Foods: Margins Under Pressure
Jun 06We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
May 02A Look At The Fair Value Of Flowers Foods, Inc. (NYSE:FLO)
Apr 17The Returns At Flowers Foods (NYSE:FLO) Aren't Growing
Mar 21Should You Be Adding Flowers Foods (NYSE:FLO) To Your Watchlist Today?
Mar 06Flowers Foods (NYSE:FLO) Has Announced That It Will Be Increasing Its Dividend To $0.22
Feb 20Flowers Foods declares $0.22 dividend
Feb 17Flowers Foods Non-GAAP EPS of $0.23 in-line, revenue of $1.08B misses by $20M
Feb 09Flowers Foods: Serving Up Tasty Dividend Treats
Jan 16Flowers Foods (NYSE:FLO) Has A Pretty Healthy Balance Sheet
Jan 05Flower Foods to acquire Papa Pita Bakery in Utah
Dec 13Is Flowers Foods, Inc. (NYSE:FLO) Trading At A 40% Discount?
Nov 24Flowers Foods (NYSE:FLO) Hasn't Managed To Accelerate Its Returns
Nov 11Flowers Foods: Stable Business, But Returns Look Stale
Nov 07Flowers Foods: Not As Tasty As It Was Previously
Oct 24Is Flowers Foods (NYSE:FLO) A Risky Investment?
Sep 27Flowers Foods declares $0.22 dividend
Aug 19Flowers Foods Non-GAAP EPS of $0.31 beats by $0.04, revenue of $1.13B beats by $10M
Aug 11Flowers Foods, Inc.'s (NYSE:FLO) Intrinsic Value Is Potentially 95% Above Its Share Price
Jun 28We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
Jun 14Flowers Foods: This Bread Is Above The Right Price
May 31Flowers Foods' (NYSE:FLO) Dividend Will Be Increased To US$0.22
May 30Slowing Rates Of Return At Flowers Foods (NYSE:FLO) Leave Little Room For Excitement
May 13Financial Position Analysis
Short Term Liabilities: FLO's short term assets ($687.7M) exceed its short term liabilities ($659.2M).
Long Term Liabilities: FLO's short term assets ($687.7M) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: FLO's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: FLO's debt to equity ratio has increased from 78.7% to 78.9% over the past 5 years.
Debt Coverage: FLO's debt is well covered by operating cash flow (32.8%).
Interest Coverage: FLO's interest payments on its debt are well covered by EBIT (21.8x coverage).