BrightSpring Health Services, Inc.

NasdaqGS:BTSG Stock Report

Market Cap: US$3.0b

BrightSpring Health Services Balance Sheet Health

Financial Health criteria checks 3/6

BrightSpring Health Services has a total shareholder equity of $1.6B and total debt of $2.7B, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are $5.8B and $4.2B respectively. BrightSpring Health Services's EBIT is $306.6M making its interest coverage ratio 1.2. It has cash and short-term investments of $43.5M.

Key information

164.1%

Debt to equity ratio

US$2.66b

Debt

Interest coverage ratio1.2x
CashUS$43.54m
EquityUS$1.62b
Total liabilitiesUS$4.17b
Total assetsUS$5.79b

Recent financial health updates

Recent updates

A Piece Of The Puzzle Missing From BrightSpring Health Services, Inc.'s (NASDAQ:BTSG) 26% Share Price Climb

Nov 07
A Piece Of The Puzzle Missing From BrightSpring Health Services, Inc.'s (NASDAQ:BTSG) 26% Share Price Climb

Results: BrightSpring Health Services, Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Nov 06
Results: BrightSpring Health Services, Inc. Delivered A Surprise Loss And Now Analysts Have New Forecasts

BrightSpring Health Services: A Promising Rally Amid Strong Q3 Results

Nov 05

Here's Why BrightSpring Health Services (NASDAQ:BTSG) Is Weighed Down By Its Debt Load

Oct 18
Here's Why BrightSpring Health Services (NASDAQ:BTSG) Is Weighed Down By Its Debt Load

BrightSpring Health Services, Inc. (NASDAQ:BTSG) Doing What It Can To Lift Shares

Sep 12
BrightSpring Health Services, Inc. (NASDAQ:BTSG) Doing What It Can To Lift Shares

BrightSpring Health Services: Evaluating The Investment Case Seven Months Post-IPO

Aug 29

BrightSpring Health Services (NASDAQ:BTSG) Seems To Be Using A Lot Of Debt

Jul 17
BrightSpring Health Services (NASDAQ:BTSG) Seems To Be Using A Lot Of Debt

Sentiment Still Eluding BrightSpring Health Services, Inc. (NASDAQ:BTSG)

Jun 10
Sentiment Still Eluding BrightSpring Health Services, Inc. (NASDAQ:BTSG)

Financial Position Analysis

Short Term Liabilities: BTSG's short term assets ($1.7B) exceed its short term liabilities ($1.3B).

Long Term Liabilities: BTSG's short term assets ($1.7B) do not cover its long term liabilities ($2.9B).


Debt to Equity History and Analysis

Debt Level: BTSG's net debt to equity ratio (161.4%) is considered high.

Reducing Debt: Insufficient data to determine if BTSG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable BTSG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BTSG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 30.4% per year.


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 00:20
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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

BrightSpring Health Services, Inc. is covered by 12 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Joanna Sylvia GajukBofA Global Research
David LarsenBTIG
Lawrence SolowCJS Securities, Inc.