Bertrandt Balance Sheet Health
Financial Health criteria checks 5/6
Bertrandt has a total shareholder equity of €454.0M and total debt of €282.6M, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are €931.9M and €477.9M respectively. Bertrandt's EBIT is €33.3M making its interest coverage ratio 3.8. It has cash and short-term investments of €125.9M.
Key information
62.3%
Debt to equity ratio
€282.64m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €125.93m |
| Equity | €453.97m |
| Total liabilities | €477.93m |
| Total assets | €931.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDT's short term assets (€523.0M) exceed its short term liabilities (€173.6M).
Long Term Liabilities: BDT's short term assets (€523.0M) exceed its long term liabilities (€304.3M).
Debt to Equity History and Analysis
Debt Level: BDT's net debt to equity ratio (34.5%) is considered satisfactory.
Reducing Debt: BDT's debt to equity ratio has increased from 59.2% to 62.3% over the past 5 years.
Debt Coverage: BDT's debt is well covered by operating cash flow (24.1%).
Interest Coverage: BDT's interest payments on its debt are well covered by EBIT (3.8x coverage).