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 $333.1M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are $2.3B and $1.2B respectively. Benchmark Electronics's EBIT is $118.1M making its interest coverage ratio 4.6. It has cash and short-term investments of $277.4M.
Key information
30.9%
Debt to equity ratio
US$333.06m
Debt
Interest coverage ratio | 4.6x |
Cash | US$277.39m |
Equity | US$1.08b |
Total liabilities | US$1.20b |
Total assets | US$2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMU's short term assets ($1.6B) exceed its short term liabilities ($713.5M).
Long Term Liabilities: BMU's short term assets ($1.6B) exceed its long term liabilities ($482.1M).
Debt to Equity History and Analysis
Debt Level: BMU's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: BMU's debt to equity ratio has increased from 13.1% to 30.9% over the past 5 years.
Debt Coverage: BMU's debt is well covered by operating cash flow (52.3%).
Interest Coverage: BMU's interest payments on its debt are well covered by EBIT (4.6x coverage).