Bastei Lübbe Balance Sheet Health
Financial Health criteria checks 6/6
Bastei Lübbe has a total shareholder equity of €62.3M and total debt of €1.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are €112.9M and €50.6M respectively. Bastei Lübbe's EBIT is €13.5M making its interest coverage ratio 14.7. It has cash and short-term investments of €19.7M.
Key information
1.6%
Debt to equity ratio
€1.01m
Debt
Interest coverage ratio | 14.7x |
Cash | €19.71m |
Equity | €62.33m |
Total liabilities | €50.57m |
Total assets | €112.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BST's short term assets (€63.7M) exceed its short term liabilities (€43.2M).
Long Term Liabilities: BST's short term assets (€63.7M) exceed its long term liabilities (€7.4M).
Debt to Equity History and Analysis
Debt Level: BST has more cash than its total debt.
Reducing Debt: BST's debt to equity ratio has reduced from 82.2% to 1.6% over the past 5 years.
Debt Coverage: BST's debt is well covered by operating cash flow (662.9%).
Interest Coverage: BST's interest payments on its debt are well covered by EBIT (14.7x coverage).