Befesa Balance Sheet Health
Financial Health criteria checks 1/6
Befesa has a total shareholder equity of €810.5M and total debt of €720.4M, which brings its debt-to-equity ratio to 88.9%. Its total assets and total liabilities are €2.0B and €1.2B respectively. Befesa's EBIT is €85.1M making its interest coverage ratio 2.3. It has cash and short-term investments of €107.9M.
Key information
88.9%
Debt to equity ratio
€720.42m
Debt
| Interest coverage ratio | 2.3x |
| Cash | €107.94m |
| Equity | €810.51m |
| Total liabilities | €1.19b |
| Total assets | €2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFSA's short term assets (€362.8M) do not cover its short term liabilities (€384.8M).
Long Term Liabilities: BFSA's short term assets (€362.8M) do not cover its long term liabilities (€809.9M).
Debt to Equity History and Analysis
Debt Level: BFSA's net debt to equity ratio (75.6%) is considered high.
Reducing Debt: BFSA's debt to equity ratio has reduced from 171.5% to 88.9% over the past 5 years.
Debt Coverage: BFSA's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: BFSA's interest payments on its debt are not well covered by EBIT (2.3x coverage).