Beyond Meat Debt to Equity Ratio Analysis (2024)

FAQs

Beyond Meat Debt to Equity Ratio Analysis? ›

Beyond Meat Debt to Equity Ratio: -2.216 for Dec. 31, 2023.

Beyond Meat Balance Sheet Health

Beyond Meat has a total shareholder equity of $-513.4M and total debt of $1.1B, which brings its debt-to-equity ratio to -221.6%. Its total assets and total liabilities are $774.5M and $1.3B respectively.

There is typically a range of ideal debt-to-equity ratios. This ideal range varies depending on what industry your business is in. According to data from 2018 about the restaurant industry, 0.85 is considered to be a high debt-to-equity ratio, while 0.56 was considered to be average, and 0.03 was considered to be low.

Total debt on the balance sheet as of December 2023 : $1.21 B. According to Beyond Meat's latest financial reports the company's total debt is $1.21 B. A company's total debt is the sum of all current and non-current debts.

Generally, a good debt-to-equity ratio is anything lower than 1.0. A ratio of 2.0 or higher is usually considered risky. If a debt-to-equity ratio is negative, it means that the company has more liabilities than assets—this company would be considered extremely risky.

Beyond Meat has a conensus rating of Moderate Sell which is based on 0 buy ratings, 4 hold ratings and 5 sell ratings. What is Beyond Meat's price target? The average price target for Beyond Meat is $6.29. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Beyond Meat stock might look cheap, but investors are best off avoiding the stock in 2024.

The industries that typically have the highest D/E ratios include utilities and financial services. Wholesalers and service industries are among those with the lowest.

Based on the information in the table above, the REIT - Mortgage industry has the highest average debt to equity ratio of 3.13, followed by Resorts & Casinos at 2.39. In contrast, the Other Precious Metals & Mining industry has the lowest average debt to equity ratio of 0.04, followed by the Gold industry at 0.17.

Companies that operate in asset-heavy industries like construction, infrastructure, airline, and hospitality will have a high debt to equity ratio — generally much greater than 1.

Is Beyond Meat in financial trouble? ›

There are definitely good things going on at this food maker. But the bad news is still material, and that should worry investors. For example, despite the strength of the company's products in foreign markets, overall sales for Beyond Meat fell 7.8% in the final part of 2023. For the full year, sales were down by 18%.

Consumers aren't motivated to pay a premium for plant-based meat products right now, and many traditional protein choices have become cheaper thanks to easing supply chain challenges. Beyond Meat has few options in this environment to protect its annual profits. Net loss last quarter was $71 million, or 95% of sales.

"Consumers in the U.S. haven't fully warmed up to plant-based protein alternatives like Beyond Meat... because the products ... don't live up to shoppers' standards for taste and flavor," said Rachel Wolff, senior analyst at Insider Intelligence.

Yes, a D/E ratio of 50% or 0.5 is very good. This means it is a low-debt business and the company's equity is twice as high as its debts.

Generally, a lower ratio is better, as it implies that the company is in less debt and is less risky for lenders and investors. A debt-to-equity ratio of 0.5 or below is considered good.

In general, many investors look for a company to have a debt ratio between 0.3 and 0.6. From a pure risk perspective, debt ratios of 0.4 or lower are considered better, while a debt ratio of 0.6 or higher makes it more difficult to borrow money.

Market cap: $0.41 Billion

As of April 2024 Beyond Meat has a market cap of $0.41 Billion. This makes Beyond Meat the world's 6159th most valuable company by market cap according to our data.

Net revenues decreased 7.8% to $73.7 million in the fourth quarter of 2023, compared to $79.9 million in the year-ago period.

McDonald's has a total shareholder equity of $-4.7B and total debt of $39.4B, which brings its debt-to-equity ratio to -837.3%. Its total assets and total liabilities are $56.1B and $60.9B respectively. McDonald's's EBIT is $11.7B making its interest coverage ratio 10. It has cash and short-term investments of $4.6B.