Brembo Balance Sheet Health
Financial Health criteria checks 5/6
Brembo has a total shareholder equity of €2.2B and total debt of €965.9M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are €4.4B and €2.2B respectively. Brembo's EBIT is €388.2M making its interest coverage ratio 14.3. It has cash and short-term investments of €484.9M.
Key information
43.6%
Debt to equity ratio
€965.92m
Debt
| Interest coverage ratio | 14.3x |
| Cash | €484.86m |
| Equity | €2.21b |
| Total liabilities | €2.17b |
| Total assets | €4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BREM's short term assets (€2.0B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: BREM's short term assets (€2.0B) exceed its long term liabilities (€749.9M).
Debt to Equity History and Analysis
Debt Level: BREM's net debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: BREM's debt to equity ratio has increased from 36.9% to 43.6% over the past 5 years.
Debt Coverage: BREM's debt is well covered by operating cash flow (45.8%).
Interest Coverage: BREM's interest payments on its debt are well covered by EBIT (14.3x coverage).