Bechtle Balance Sheet Health
Financial Health criteria checks 4/6
Bechtle has a total shareholder equity of €1.5B and total debt of €471.5M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are €3.2B and €1.7B respectively. Bechtle's EBIT is €343.2M making its interest coverage ratio 68.3. It has cash and short-term investments of €116.2M.
Key information
32.4%
Debt to equity ratio
€471.54m
Debt
| Interest coverage ratio | 68.3x |
| Cash | €116.21m |
| Equity | €1.46b |
| Total liabilities | €1.70b |
| Total assets | €3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BC8's short term assets (€2.1B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: BC8's short term assets (€2.1B) exceed its long term liabilities (€503.4M).
Debt to Equity History and Analysis
Debt Level: BC8's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: BC8's debt to equity ratio has increased from 9.9% to 32.4% over the past 5 years.
Debt Coverage: BC8's debt is not well covered by operating cash flow (5.9%).
Interest Coverage: BC8's interest payments on its debt are well covered by EBIT (68.3x coverage).