Bureau Veritas Balance Sheet Health
Financial Health criteria checks 5/6
Bureau Veritas has a total shareholder equity of €1.7B and total debt of €2.6B, which brings its debt-to-equity ratio to 155.2%. Its total assets and total liabilities are €7.2B and €5.5B respectively. Bureau Veritas's EBIT is €916.6M making its interest coverage ratio 25.4. It has cash and short-term investments of €1.5B.
Key information
155.2%
Debt to equity ratio
€2.63b
Debt
| Interest coverage ratio | 25.4x |
| Cash | €1.53b |
| Equity | €1.70b |
| Total liabilities | €5.50b |
| Total assets | €7.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MH1's short term assets (€3.6B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: 0MH1's short term assets (€3.6B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: 0MH1's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: 0MH1's debt to equity ratio has reduced from 266.2% to 155.2% over the past 5 years.
Debt Coverage: 0MH1's debt is well covered by operating cash flow (32.6%).
Interest Coverage: 0MH1's interest payments on its debt are well covered by EBIT (25.4x coverage).