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 ratio7.4x
CashUS$322.98m
EquityUS$1.24b
Total liabilitiesUS$2.11b
Total assetsUS$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).


Balance Sheet


Discover healthy companies