Bechtle Balance Sheet Health
Financial Health criteria checks 6/6
Bechtle has a total shareholder equity of €1.8B and total debt of €545.8M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are €3.8B and €2.0B respectively. Bechtle's EBIT is €358.4M making its interest coverage ratio 59.3. It has cash and short-term investments of €520.7M.
Key information
29.7%
Debt to equity ratio
€545.84m
Debt
| Interest coverage ratio | 59.3x |
| Cash | €520.66m |
| Equity | €1.84b |
| Total liabilities | €1.99b |
| Total assets | €3.83b |
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 (€822.9M).
Debt to Equity History and Analysis
Debt Level: BC8's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: BC8's debt to equity ratio has reduced from 40.8% to 29.7% over the past 5 years.
Debt Coverage: BC8's debt is well covered by operating cash flow (102.3%).
Interest Coverage: BC8's interest payments on its debt are well covered by EBIT (59.3x coverage).