Société BIC Balance Sheet Health
Financial Health criteria checks 6/6
Société BIC has a total shareholder equity of €1.8B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €2.6B and €842.3M respectively. Société BIC's EBIT is €319.2M making its interest coverage ratio -15.2. It has cash and short-term investments of €328.7M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -15.2x |
| Cash | €328.70m |
| Equity | €1.76b |
| Total liabilities | €842.30m |
| Total assets | €2.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIF's short term assets (€1.5B) exceed its short term liabilities (€646.7M).
Long Term Liabilities: BIF's short term assets (€1.5B) exceed its long term liabilities (€195.6M).
Debt to Equity History and Analysis
Debt Level: BIF is debt free.
Reducing Debt: BIF had no debt 5 years ago.
Debt Coverage: BIF has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BIF has no debt, therefore coverage of interest payments is not a concern.