Bertrandt Balance Sheet Health
Financial Health criteria checks 3/6
Bertrandt has a total shareholder equity of €454.6M and total debt of €314.6M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are €956.1M and €501.5M respectively. Bertrandt's EBIT is €53.0M making its interest coverage ratio 6.8. It has cash and short-term investments of €121.4M.
Key information
69.2%
Debt to equity ratio
€314.64m
Debt
Interest coverage ratio | 6.8x |
Cash | €121.36m |
Equity | €454.63m |
Total liabilities | €501.49m |
Total assets | €956.12m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDT's short term assets (€533.5M) exceed its short term liabilities (€188.7M).
Long Term Liabilities: BDT's short term assets (€533.5M) exceed its long term liabilities (€312.8M).
Debt to Equity History and Analysis
Debt Level: BDT's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: BDT's debt to equity ratio has increased from 52.4% to 69.2% over the past 5 years.
Debt Coverage: BDT's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: BDT's interest payments on its debt are well covered by EBIT (6.8x coverage).