Société BIC Balance Sheet Health
Financial Health criteria checks 6/6
Société BIC has a total shareholder equity of €1.9B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €2.8B and €891.0M respectively. Société BIC's EBIT is €302.6M making its interest coverage ratio -32.1. It has cash and short-term investments of €392.6M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | -32.1x |
Cash | €392.60m |
Equity | €1.88b |
Total liabilities | €891.00m |
Total assets | €2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIF0's short term assets (€1.6B) exceed its short term liabilities (€634.0M).
Long Term Liabilities: BIF0's short term assets (€1.6B) exceed its long term liabilities (€257.0M).
Debt to Equity History and Analysis
Debt Level: BIF0 is debt free.
Reducing Debt: BIF0 had no debt 5 years ago.
Debt Coverage: BIF0 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: BIF0 has no debt, therefore coverage of interest payments is not a concern.