Befesa Balance Sheet Health
Financial Health criteria checks 3/6
Befesa has a total shareholder equity of €776.9M and total debt of €717.4M, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are €1.9B and €1.1B respectively. Befesa's EBIT is €94.0M making its interest coverage ratio 2.4. It has cash and short-term investments of €86.1M.
Key information
92.3%
Debt to equity ratio
€717.35m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €86.14m |
| Equity | €776.90m |
| Total liabilities | €1.14b |
| Total assets | €1.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFSA's short term assets (€317.3M) exceed its short term liabilities (€316.9M).
Long Term Liabilities: BFSA's short term assets (€317.3M) do not cover its long term liabilities (€827.0M).
Debt to Equity History and Analysis
Debt Level: BFSA's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: BFSA's debt to equity ratio has reduced from 159.8% to 92.3% over the past 5 years.
Debt Coverage: BFSA's debt is well covered by operating cash flow (21%).
Interest Coverage: BFSA's interest payments on its debt are not well covered by EBIT (2.4x coverage).