B&C Speakers Balance Sheet Health
Financial Health criteria checks 6/6
B&C Speakers has a total shareholder equity of €46.2M and total debt of €15.6M, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are €86.3M and €40.1M respectively. B&C Speakers's EBIT is €20.6M making its interest coverage ratio 42.6. It has cash and short-term investments of €14.6M.
Key information
33.8%
Debt to equity ratio
€15.60m
Debt
Interest coverage ratio | 42.6x |
Cash | €14.61m |
Equity | €46.21m |
Total liabilities | €40.14m |
Total assets | €86.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 37B's short term assets (€71.7M) exceed its short term liabilities (€26.9M).
Long Term Liabilities: 37B's short term assets (€71.7M) exceed its long term liabilities (€13.3M).
Debt to Equity History and Analysis
Debt Level: 37B's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 37B's debt to equity ratio has reduced from 63% to 33.8% over the past 5 years.
Debt Coverage: 37B's debt is well covered by operating cash flow (92.7%).
Interest Coverage: 37B's interest payments on its debt are well covered by EBIT (42.6x coverage).