Brenntag Balance Sheet Health
Financial Health criteria checks 6/6
Brenntag has a total shareholder equity of €4.4B and total debt of €2.1B, which brings its debt-to-equity ratio to 47.4%. Its total assets and total liabilities are €10.3B and €6.0B respectively. Brenntag's EBIT is €1.1B making its interest coverage ratio 10.8. It has cash and short-term investments of €585.3M.
Key information
47.4%
Debt to equity ratio
€2.06b
Debt
Interest coverage ratio | 10.8x |
Cash | €585.30m |
Equity | €4.36b |
Total liabilities | €5.98b |
Total assets | €10.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MPT's short term assets (€4.6B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: 0MPT's short term assets (€4.6B) exceed its long term liabilities (€3.0B).
Debt to Equity History and Analysis
Debt Level: 0MPT's net debt to equity ratio (33.9%) is considered satisfactory.
Reducing Debt: 0MPT's debt to equity ratio has reduced from 65.1% to 47.4% over the past 5 years.
Debt Coverage: 0MPT's debt is well covered by operating cash flow (80.6%).
Interest Coverage: 0MPT's interest payments on its debt are well covered by EBIT (10.8x coverage).