Bechtle Balance Sheet Health
Financial Health criteria checks 6/6
Bechtle has a total shareholder equity of €1.8B and total debt of €541.1M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are €3.8B and €2.0B respectively. Bechtle's EBIT is €385.5M making its interest coverage ratio 46.7. It has cash and short-term investments of €477.3M.
Key information
30.0%
Debt to equity ratio
€541.14m
Debt
Interest coverage ratio | 46.7x |
Cash | €477.27m |
Equity | €1.80b |
Total liabilities | €1.96b |
Total assets | €3.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BC8's short term assets (€2.3B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: BC8's short term assets (€2.3B) exceed its long term liabilities (€797.2M).
Debt to Equity History and Analysis
Debt Level: BC8's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: BC8's debt to equity ratio has reduced from 42.8% to 30% over the past 5 years.
Debt Coverage: BC8's debt is well covered by operating cash flow (96.9%).
Interest Coverage: BC8's interest payments on its debt are well covered by EBIT (46.7x coverage).