Brinks Company (BCO)

The solvency ratios of Brink's Co. over the past five years show consistent trends in terms of its leverage and debt levels.

The debt-to-assets ratio has been relatively stable at around 0.50-0.55 range, indicating that approximately 50-55% of the company's total assets are financed by debt. This implies a moderate level of leverage and a healthy balance between debt and assets.

The debt-to-capital ratio has also been fairly stable, hovering between 0.85 to 0.95. This ratio indicates the proportion of the company's capital that is financed through debt. Brink's Co. seems to rely on debt for a significant portion of its capital structure, with debt accounting for around 85-95% of the total capital.

The debt-to-equity ratio, however, shows more variability, ranging from 7.61 to 24.12 over the past five years. This volatility suggests fluctuations in the proportion of financing provided by creditors versus equity investors. A higher ratio signifies a higher debt reliance, which could indicate increased financial risk.

The financial leverage ratio, which measures the extent to which the company is using debt to finance its operations, also displays fluctuations over the years. The range from 14.24 to 45.26 indicates significant variability in the company's leverage levels, potentially leading to fluctuations in financial risk and stability.

Overall, the solvency ratios of Brink's Co. suggest a moderate level of leverage and debt reliance, with some fluctuations in the debt-to-equity and financial leverage ratios over the years. Investors and stakeholders should closely monitor these ratios to assess the company's risk profile and financial health.

---

Coverage ratios

The interest coverage ratio of Brink`s Co. has fluctuated over the past five years, ranging from 2.62 to 3.49. A higher interest coverage ratio indicates that the company is better positioned to meet its interest obligations from its operating income. Although the ratio has shown some variability, overall, it has remained above 2 in each of the past five years. This suggests that Brink`s Co. has generally been able to comfortably cover its interest expenses with its operating income. However, it is important to note that a ratio of around 2.5 or higher is typically considered a healthy level of interest coverage. Further analysis would be needed to determine the sustainability of this trend and whether the company's interest coverage is in line with industry benchmarks.