Benchmark Electronics Balance Sheet Health
Financial Health criteria checks 5/6
Benchmark Electronics has a total shareholder equity of $1.1B and total debt of $281.7M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are $2.1B and $1.0B respectively. Benchmark Electronics's EBIT is $120.7M making its interest coverage ratio 6. It has cash and short-term investments of $324.4M.
Key information
25.6%
Debt to equity ratio
US$281.74m
Debt
| Interest coverage ratio | 6x |
| Cash | US$324.42m |
| Equity | US$1.10b |
| Total liabilities | US$1.05b |
| Total assets | US$2.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMU's short term assets ($1.5B) exceed its short term liabilities ($639.1M).
Long Term Liabilities: BMU's short term assets ($1.5B) exceed its long term liabilities ($407.2M).
Debt to Equity History and Analysis
Debt Level: BMU has more cash than its total debt.
Reducing Debt: BMU's debt to equity ratio has increased from 14% to 25.6% over the past 5 years.
Debt Coverage: BMU's debt is well covered by operating cash flow (99.5%).
Interest Coverage: BMU's interest payments on its debt are well covered by EBIT (6x coverage).