Befesa Balance Sheet Health
Financial Health criteria checks 2/6
Befesa has a total shareholder equity of €917.9M and total debt of €685.1M, which brings its debt-to-equity ratio to 74.6%. Its total assets and total liabilities are €2.0B and €1.1B respectively. Befesa's EBIT is €79.1M making its interest coverage ratio 2.2. It has cash and short-term investments of €90.3M.
Key information
74.6%
Debt to equity ratio
€685.11m
Debt
Interest coverage ratio | 2.2x |
Cash | €90.33m |
Equity | €917.90m |
Total liabilities | €1.09b |
Total assets | €2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RVK's short term assets (€395.4M) exceed its short term liabilities (€277.0M).
Long Term Liabilities: 0RVK's short term assets (€395.4M) do not cover its long term liabilities (€817.0M).
Debt to Equity History and Analysis
Debt Level: 0RVK's net debt to equity ratio (64.8%) is considered high.
Reducing Debt: 0RVK's debt to equity ratio has reduced from 181.9% to 74.6% over the past 5 years.
Debt Coverage: 0RVK's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: 0RVK's interest payments on its debt are not well covered by EBIT (2.2x coverage).