Belysse Group Balance Sheet Health
Financial Health criteria checks 3/6
Belysse Group has a total shareholder equity of €77.7M and total debt of €137.1M, which brings its debt-to-equity ratio to 176.4%. Its total assets and total liabilities are €327.6M and €249.8M respectively. Belysse Group's EBIT is €13.9M making its interest coverage ratio 0.8. It has cash and short-term investments of €35.8M.
Key information
176.4%
Debt to equity ratio
€137.12m
Debt
Interest coverage ratio | 0.8x |
Cash | €35.81m |
Equity | €77.72m |
Total liabilities | €249.84m |
Total assets | €327.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDB's short term assets (€117.5M) do not cover its short term liabilities (€205.0M).
Long Term Liabilities: BDB's short term assets (€117.5M) exceed its long term liabilities (€44.8M).
Debt to Equity History and Analysis
Debt Level: BDB's net debt to equity ratio (130.4%) is considered high.
Reducing Debt: BDB's debt to equity ratio has increased from 105.3% to 176.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable BDB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BDB is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.4% per year.