Brenntag Balance Sheet Health
Financial Health criteria checks 6/6
Brenntag has a total shareholder equity of €4.6B and total debt of €2.2B, which brings its debt-to-equity ratio to 48.2%. Its total assets and total liabilities are €10.5B and €5.9B respectively. Brenntag's EBIT is €1.1B making its interest coverage ratio 10.6. It has cash and short-term investments of €552.4M.
Key information
48.2%
Debt to equity ratio
€2.20b
Debt
Interest coverage ratio | 10.6x |
Cash | €552.40m |
Equity | €4.57b |
Total liabilities | €5.90b |
Total assets | €10.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNRA's short term assets (€4.9B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: BNRA's short term assets (€4.9B) exceed its long term liabilities (€3.0B).
Debt to Equity History and Analysis
Debt Level: BNRA's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: BNRA's debt to equity ratio has reduced from 72.2% to 48.2% over the past 5 years.
Debt Coverage: BNRA's debt is well covered by operating cash flow (71.1%).
Interest Coverage: BNRA's interest payments on its debt are well covered by EBIT (10.6x coverage).