Belysse Group Balance Sheet Health
Financial Health criteria checks 2/6
Belysse Group has a total shareholder equity of €91.9M and total debt of €159.9M, which brings its debt-to-equity ratio to 173.9%. Its total assets and total liabilities are €322.1M and €230.2M respectively. Belysse Group's EBIT is €23.1M making its interest coverage ratio 1. It has cash and short-term investments of €29.0M.
Key information
173.9%
Debt to equity ratio
€159.87m
Debt
| Interest coverage ratio | 1x |
| Cash | €29.00m |
| Equity | €91.93m |
| Total liabilities | €230.19m |
| Total assets | €322.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BELYSB's short term assets (€111.8M) exceed its short term liabilities (€68.6M).
Long Term Liabilities: BELYSB's short term assets (€111.8M) do not cover its long term liabilities (€161.6M).
Debt to Equity History and Analysis
Debt Level: BELYSB's net debt to equity ratio (142.4%) is considered high.
Reducing Debt: BELYSB's debt to equity ratio has increased from 108.3% to 173.9% over the past 5 years.
Debt Coverage: BELYSB's debt is well covered by operating cash flow (24.9%).
Interest Coverage: BELYSB's interest payments on its debt are not well covered by EBIT (1x coverage).