Belysse Group Balance Sheet Health
Financial Health criteria checks 2/6
Belysse Group has a total shareholder equity of €91.9M and total debt of €122.3M, which brings its debt-to-equity ratio to 133%. Its total assets and total liabilities are €322.1M and €230.2M respectively. Belysse Group's EBIT is €23.1M making its interest coverage ratio 2.7. It has cash and short-term investments of €29.0M.
Key information
133.0%
Debt to equity ratio
€122.28m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €29.00m |
| Equity | €91.93m |
| Total liabilities | €230.19m |
| Total assets | €322.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDB's short term assets (€111.8M) exceed its short term liabilities (€68.6M).
Long Term Liabilities: BDB's short term assets (€111.8M) do not cover its long term liabilities (€161.6M).
Debt to Equity History and Analysis
Debt Level: BDB's net debt to equity ratio (101.5%) is considered high.
Reducing Debt: BDB's debt to equity ratio has increased from 108.3% to 133% over the past 5 years.
Debt Coverage: BDB's debt is well covered by operating cash flow (32.5%).
Interest Coverage: BDB's interest payments on its debt are not well covered by EBIT (2.7x coverage).