Bertrandt Balance Sheet Health
Financial Health criteria checks 5/6
Bertrandt has a total shareholder equity of €437.6M and total debt of €250.6M, which brings its debt-to-equity ratio to 57.3%. Its total assets and total liabilities are €916.9M and €479.4M respectively. Bertrandt's EBIT is €39.0M making its interest coverage ratio 7. It has cash and short-term investments of €138.9M.
Key information
57.3%
Debt to equity ratio
€250.63m
Debt
| Interest coverage ratio | 7x |
| Cash | €138.90m |
| Equity | €437.58m |
| Total liabilities | €479.35m |
| Total assets | €916.93m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDTD's short term assets (€497.1M) exceed its short term liabilities (€173.4M).
Long Term Liabilities: BDTD's short term assets (€497.1M) exceed its long term liabilities (€305.9M).
Debt to Equity History and Analysis
Debt Level: BDTD's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: BDTD's debt to equity ratio has reduced from 58.2% to 57.3% over the past 5 years.
Debt Coverage: BDTD's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: BDTD's interest payments on its debt are well covered by EBIT (7x coverage).