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 162.7%. Its total assets and total liabilities are $5.6B and $4.0B respectively. BrightSpring Health Services's EBIT is $84.7M making its interest coverage ratio 0.3. It has cash and short-term investments of $25.0M.
Key information
162.7%
Debt to equity ratio
US$2.61b
Debt
| Interest coverage ratio | 0.3x |
| Cash | US$25.03m |
| Equity | US$1.61b |
| Total liabilities | US$4.00b |
| Total assets | US$5.61b |
Recent financial health updates
Recent updates
BrightSpring Health Services, Inc. (NASDAQ:BTSG) Doing What It Can To Lift Shares
Sep 12
BrightSpring Health Services: Evaluating The Investment Case Seven Months Post-IPO
Aug 29BrightSpring Health Services (NASDAQ:BTSG) Seems To Be Using A Lot Of Debt
Jul 17Sentiment Still Eluding BrightSpring Health Services, Inc. (NASDAQ:BTSG)
Jun 10Financial Position Analysis
Short Term Liabilities: BTSG's short term assets ($1.5B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: BTSG's short term assets ($1.5B) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: BTSG's net debt to equity ratio (161.1%) 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 30.5% per year.