Brenntag Balance Sheet Health
Financial Health criteria checks 4/6
Brenntag has a total shareholder equity of €4.4B and total debt of €2.8B, which brings its debt-to-equity ratio to 64.3%. Its total assets and total liabilities are €11.2B and €6.8B respectively. Brenntag's EBIT is €877.1M making its interest coverage ratio 7.6. It has cash and short-term investments of €748.1M.
Key information
64.3%
Debt to equity ratio
€2.84b
Debt
| Interest coverage ratio | 7.6x |
| Cash | €748.10m |
| Equity | €4.43b |
| Total liabilities | €6.76b |
| Total assets | €11.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNRD's short term assets (€5.1B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: BNRD's short term assets (€5.1B) exceed its long term liabilities (€3.3B).
Debt to Equity History and Analysis
Debt Level: BNRD's net debt to equity ratio (47.4%) is considered high.
Reducing Debt: BNRD's debt to equity ratio has increased from 63.4% to 64.3% over the past 5 years.
Debt Coverage: BNRD's debt is well covered by operating cash flow (37.1%).
Interest Coverage: BNRD's interest payments on its debt are well covered by EBIT (7.6x coverage).