Burelle Balance Sheet Health
Financial Health criteria checks 6/6
Burelle has a total shareholder equity of €2.5B and total debt of €1.9B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are €7.1B and €4.6B respectively. Burelle's EBIT is €168.5M making its interest coverage ratio 4. It has cash and short-term investments of €1.1B.
Key information
74.4%
Debt to equity ratio
€1.85b
Debt
| Interest coverage ratio | 4x |
| Cash | €1.06b |
| Equity | €2.49b |
| Total liabilities | €4.62b |
| Total assets | €7.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BURP's short term assets (€3.0B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: BURP's short term assets (€3.0B) exceed its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: BURP's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: BURP's debt to equity ratio has reduced from 99.8% to 74.4% over the past 5 years.
Debt Coverage: BURP's debt is well covered by operating cash flow (28.8%).
Interest Coverage: BURP's interest payments on its debt are well covered by EBIT (4x coverage).