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 $2.6B, which brings its debt-to-equity ratio to 162.9%. Its total assets and total liabilities are $5.7B and $4.1B respectively. BrightSpring Health Services's EBIT is $103.1M making its interest coverage ratio 0.3. It has cash and short-term investments of $58.0M.
Key information
162.9%
Debt to equity ratio
US$2.56b
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$58.04m |
| Equity | US$1.57b |
| Total liabilities | US$4.08b |
| Total assets | US$5.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTSG's short term assets ($1.6B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: BTSG's short term assets ($1.6B) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: BTSG's net debt to equity ratio (159.2%) 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 31% per year.