Belden Balance Sheet Health
Financial Health criteria checks 3/6
Belden has a total shareholder equity of $1.2B and total debt of $1.2B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are $3.1B and $2.0B respectively. Belden's EBIT is $293.2M making its interest coverage ratio 8.9. It has cash and short-term investments of $506.8M.
Key information
102.1%
Debt to equity ratio
US$1.18b
Debt
Interest coverage ratio | 8.9x |
Cash | US$506.83m |
Equity | US$1.16b |
Total liabilities | US$1.96b |
Total assets | US$3.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QCTA's short term assets ($1.3B) exceed its short term liabilities ($514.5M).
Long Term Liabilities: QCTA's short term assets ($1.3B) do not cover its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: QCTA's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: QCTA's debt to equity ratio has increased from 100.6% to 102.1% over the past 5 years.
Debt Coverage: QCTA's debt is well covered by operating cash flow (30%).
Interest Coverage: QCTA's interest payments on its debt are well covered by EBIT (8.9x coverage).