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 75.8%. Its total assets and total liabilities are $3.4B and $2.0B respectively. Flowers Foods's EBIT is $373.5M making its interest coverage ratio 19.5. It has cash and short-term investments of $15.0M.
Key information
75.8%
Debt to equity ratio
US$1.07b
Debt
| Interest coverage ratio | 19.5x |
| Cash | US$14.98m |
| Equity | US$1.41b |
| Total liabilities | US$2.02b |
| Total assets | US$3.43b |
Recent financial health updates
We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
Sep 04
These 4 Measures Indicate That Flowers Foods (NYSE:FLO) Is Using Debt Reasonably Well
Jan 03Here'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 05Recent updates
Subdued Growth No Barrier To Flowers Foods, Inc.'s (NYSE:FLO) Price
Dec 08Flowers Foods' (NYSE:FLO) Dividend Will Be $0.24
Nov 18Flowers Foods, Inc. Just Beat EPS By 6.2%: Here's What Analysts Think Will Happen Next
Nov 12Flowers Foods: Battling Costs And Competition
Oct 09Flowers Foods (NYSE:FLO) Shareholders Will Want The ROCE Trajectory To Continue
Oct 04A Look At The Intrinsic Value Of Flowers Foods, Inc. (NYSE:FLO)
Sep 19We Think Flowers Foods (NYSE:FLO) Can Stay On Top Of Its Debt
Sep 04Flowers Foods, Inc.'s (NYSE:FLO) Price In Tune With Earnings
Jul 31Flowers Foods: High Costs Keep Me Away
Jul 25Flowers Foods: A Downgrade On Profit Concerns Is Warranted As Earnings Near
May 14Are Investors Undervaluing Flowers Foods, Inc. (NYSE:FLO) By 49%?
May 10Flowers 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 24Financial Position Analysis
Short Term Liabilities: FLO's short term assets ($707.7M) exceed its short term liabilities ($569.1M).
Long Term Liabilities: FLO's short term assets ($707.7M) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: FLO's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: FLO's debt to equity ratio has increased from 68.9% to 75.8% over the past 5 years.
Debt Coverage: FLO's debt is well covered by operating cash flow (35.1%).
Interest Coverage: FLO's interest payments on its debt are well covered by EBIT (19.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 18:26 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/10/05 |
| 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
Flowers Foods, Inc. is covered by 26 analysts. 8 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 |
|---|---|
| Ishan Majumdar | Baptista Research |
| Donald McLee | Berenberg |
| Amit Sharma | BMO Capital Markets Equity Research |