Believe Balance Sheet Health
Financial Health criteria checks 4/6
Believe has a total shareholder equity of €390.5M and total debt of €31.7M, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are €1.1B and €722.2M respectively.
Key information
8.1%
Debt to equity ratio
€31.66m
Debt
| Interest coverage ratio | n/a |
| Cash | €183.55m |
| Equity | €390.54m |
| Total liabilities | €722.19m |
| Total assets | €1.11b |
Recent financial health updates
No updates
Recent updates
Is Believe S.A. (EPA:BLV) Potentially Undervalued?
Feb 07
Are Investors Undervaluing Believe S.A. (EPA:BLV) By 46%?
Dec 22Believe S.A.'s (EPA:BLV) Shares Not Telling The Full Story
Aug 04Is It Time To Consider Buying Believe S.A. (EPA:BLV)?
Jun 24Believe S.A. (EPA:BLV) Just Released Its Yearly Earnings: Here's What Analysts Think
Mar 19Financial Position Analysis
Short Term Liabilities: BLV's short term assets (€555.6M) do not cover its short term liabilities (€662.2M).
Long Term Liabilities: BLV's short term assets (€555.6M) exceed its long term liabilities (€60.0M).
Debt to Equity History and Analysis
Debt Level: BLV has more cash than its total debt.
Reducing Debt: BLV's debt to equity ratio has reduced from 44.9% to 8.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BLV has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BLV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.