To the full analysis
Brown-Forman stock: balance sheet and debt
BF-BBrown-Forman has a debt to equity ratio of 0.54 and an interest coverage of 12.5x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.54
Interest coverage
12.5x
Current ratio
3.24
Cash & equivalents
$308M
Total assets
$7.89B
Equity ratio
50.9%
Goodwill
$1.52B
Plus intangible assets of $943M
Net debt
$1.84B
Total assets and equity ratio
How large the balance sheet of Brown-Forman Corporation is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2007 | $3.55B | $1.35B | $670M | 44.3% | $808M |
| 2008 | $3.41B | $1.39B | $688M | 50.7% | $887M |
| 2009 | $3.48B | $1.36B | $675M | 52.3% | $659M |
| 2010 | $3.38B | $1.34B | $666M | 56.0% | $467M |
| 2011 | $3.71B | $1.3B | $625M | 55.5% | $192M |
| 2012 | $3.48B | $1.29B | $617M | 59.5% | $172M |
| 2013 | $3.63B | $1.29B | $617M | 44.9% | $798M |
| 2014 | $4.1B | $1.3B | $620M | 49.5% | $568M |
| 2015 | $4.19B | $1.22B | $607M | 45.4% | $818M |
| 2016 | $4.18B | $1.19B | $590M | 37.3% | $1.24B |
| 2017 | $4.63B | $1.39B | $753M | 29.6% | $1.97B |
| 2018 | $4.98B | $1.43B | $763M | 26.4% | $2.32B |
| 2019 | $5.14B | $1.4B | $753M | 32.0% | $2.19B |
| 2020 | $5.78B | $1.39B | $756M | 34.2% | $1.93B |
| 2021 | $6.52B | $1.46B | $779M | 40.7% | $1.41B |
| 2022 | $6.37B | $1.35B | $761M | 42.9% | $1.4B |
| 2023 | $7.78B | $2.62B | $1.46B | 42.0% | $2.54B |
| 2024 | $8.17B | $2.45B | $1.46B | 43.1% | $2.65B |
| 2025 | $8.09B | $2.49B | $1.51B | 49.4% | $2.29B |
| 2026 | $7.89B | $2.47B | $1.52B | 50.9% | $1.84B |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2007 | $369M | $1.57B | $1.18B | 0.75 |
| 2008 | $119M | $1.73B | $1.01B | 0.58 |
| 2009 | $340M | $1.82B | $999M | 0.55 |
| 2010 | $232M | $1.9B | $699M | 0.37 |
| 2011 | $567M | $2.06B | $759M | 0.37 |
| 2012 | $338M | $2.07B | $510M | 0.25 |
| 2013 | $204M | $1.63B | $1B | 0.62 |
| 2014 | $437M | $2.03B | $1.01B | 0.49 |
| 2015 | $370M | $1.91B | $1.19B | 0.62 |
| 2016 | $263M | $1.56B | $1.5B | 0.96 |
| 2017 | $182M | $1.37B | $2.15B | 1.57 |
| 2018 | $239M | $1.32B | $2.56B | 1.94 |
| 2019 | $307M | $1.65B | $2.49B | 1.51 |
| 2020 | $675M | $1.98B | $2.6B | 1.32 |
| 2021 | $1.15B | $2.66B | $2.56B | 0.96 |
| 2022 | $868M | $2.74B | $2.27B | 0.83 |
| 2023 | $374M | $3.27B | $2.91B | 0.89 |
| 2024 | $446M | $3.52B | $3.1B | 0.88 |
| 2025 | $444M | $3.99B | $2.73B | 0.68 |
| 2026 | $308M | $4.02B | $2.15B | 0.54 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 30 Apr 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 31 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.