Société BIC Balance Sheet Health
Financial Health criteria checks 5/6
Société BIC has a total shareholder equity of €1.8B and total debt of €91.9M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are €2.6B and €800.7M respectively. Société BIC's EBIT is €319.5M making its interest coverage ratio -20. It has cash and short-term investments of €477.3M.
Key information
5.0%
Debt to equity ratio
€91.92m
Debt
Interest coverage ratio | -20x |
Cash | €477.26m |
Equity | €1.85b |
Total liabilities | €800.74m |
Total assets | €2.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MGP's short term assets (€1.5B) exceed its short term liabilities (€586.3M).
Long Term Liabilities: 0MGP's short term assets (€1.5B) exceed its long term liabilities (€214.4M).
Debt to Equity History and Analysis
Debt Level: 0MGP has more cash than its total debt.
Reducing Debt: 0MGP's debt to equity ratio has increased from 0.5% to 5% over the past 5 years.
Debt Coverage: 0MGP's debt is well covered by operating cash flow (384.4%).
Interest Coverage: 0MGP earns more interest than it pays, so coverage of interest payments is not a concern.