Société BIC Balance Sheet Health
Financial Health criteria checks 6/6
Société BIC has a total shareholder equity of €1.8B and total debt of €142.7M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are €2.7B and €894.0M respectively. Société BIC's EBIT is €274.4M making its interest coverage ratio -30.7. It has cash and short-term investments of €340.2M.
Key information
7.8%
Debt to equity ratio
€142.66m
Debt
Interest coverage ratio | -30.7x |
Cash | €340.15m |
Equity | €1.82b |
Total liabilities | €893.98m |
Total assets | €2.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBP's short term assets (€1.6B) exceed its short term liabilities (€693.2M).
Long Term Liabilities: BBP's short term assets (€1.6B) exceed its long term liabilities (€200.7M).
Debt to Equity History and Analysis
Debt Level: BBP has more cash than its total debt.
Reducing Debt: BBP's debt to equity ratio has reduced from 8.9% to 7.8% over the past 5 years.
Debt Coverage: BBP's debt is well covered by operating cash flow (198%).
Interest Coverage: BBP earns more interest than it pays, so coverage of interest payments is not a concern.