Belden Balance Sheet Health
Financial Health criteria checks 4/6
Belden has a total shareholder equity of $1.2B and total debt of $1.2B, which brings its debt-to-equity ratio to 98.7%. Its total assets and total liabilities are $3.3B and $2.1B respectively. Belden's EBIT is $261.0M making its interest coverage ratio 7.4. It has cash and short-term investments of $323.0M.
Key information
98.7%
Debt to equity ratio
US$1.22b
Debt
Interest coverage ratio | 7.4x |
Cash | US$322.98m |
Equity | US$1.24b |
Total liabilities | US$2.11b |
Total assets | US$3.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCTA's short term assets ($1.2B) exceed its short term liabilities ($579.3M).
Long Term Liabilities: QCTA's short term assets ($1.2B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: QCTA's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: QCTA's debt to equity ratio has reduced from 122.6% to 98.7% over the past 5 years.
Debt Coverage: QCTA's debt is well covered by operating cash flow (27.6%).
Interest Coverage: QCTA's interest payments on its debt are well covered by EBIT (7.4x coverage).