Biesse Balance Sheet Health
Financial Health criteria checks 6/6
Biesse has a total shareholder equity of €268.1M and total debt of €5.9M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are €651.4M and €383.3M respectively. Biesse's EBIT is €46.1M making its interest coverage ratio -200.5. It has cash and short-term investments of €95.1M.
Key information
2.2%
Debt to equity ratio
€5.88m
Debt
| Interest coverage ratio | -200.5x |
| Cash | €95.06m |
| Equity | €268.12m |
| Total liabilities | €383.31m |
| Total assets | €651.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BSSM's short term assets (€431.9M) exceed its short term liabilities (€256.2M).
Long Term Liabilities: BSSM's short term assets (€431.9M) exceed its long term liabilities (€127.1M).
Debt to Equity History and Analysis
Debt Level: BSSM has more cash than its total debt.
Reducing Debt: BSSM's debt to equity ratio has reduced from 35.6% to 2.2% over the past 5 years.
Debt Coverage: BSSM's debt is well covered by operating cash flow (727.3%).
Interest Coverage: BSSM earns more interest than it pays, so coverage of interest payments is not a concern.