Brembo Balance Sheet Health
Financial Health criteria checks 6/6
Brembo has a total shareholder equity of €2.2B and total debt of €777.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are €4.3B and €2.1B respectively. Brembo's EBIT is €407.2M making its interest coverage ratio 14.7. It has cash and short-term investments of €394.4M.
Key information
34.9%
Debt to equity ratio
€777.03m
Debt
Interest coverage ratio | 14.7x |
Cash | €394.37m |
Equity | €2.23b |
Total liabilities | €2.07b |
Total assets | €4.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BREM's short term assets (€1.9B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: BREM's short term assets (€1.9B) exceed its long term liabilities (€728.8M).
Debt to Equity History and Analysis
Debt Level: BREM's net debt to equity ratio (17.2%) is considered satisfactory.
Reducing Debt: BREM's debt to equity ratio has reduced from 49.9% to 34.9% over the past 5 years.
Debt Coverage: BREM's debt is well covered by operating cash flow (75%).
Interest Coverage: BREM's interest payments on its debt are well covered by EBIT (14.7x coverage).