Bourse Direct Balance Sheet Health
Financial Health criteria checks 4/6
Bourse Direct has a total shareholder equity of €71.1M and total debt of €43.4M, which brings its debt-to-equity ratio to 61%. Its total assets and total liabilities are €1.3B and €1.2B respectively.
Key information
61.0%
Debt to equity ratio
€43.39m
Debt
| Interest coverage ratio | n/a |
| Cash | €29.10m |
| Equity | €71.11m |
| Total liabilities | €1.24b |
| Total assets | €1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BD6's short term assets (€1.2B) do not cover its short term liabilities (€1.2B).
Long Term Liabilities: BD6's short term assets (€1.2B) exceed its long term liabilities (€11.8M).
Debt to Equity History and Analysis
Debt Level: BD6's net debt to equity ratio (20.1%) is considered satisfactory.
Reducing Debt: BD6's debt to equity ratio has reduced from 224% to 61% over the past 5 years.
Debt Coverage: BD6's debt is well covered by operating cash flow (47.6%).
Interest Coverage: Insufficient data to determine if BD6's interest payments on its debt are well covered by EBIT.