Bénéteau Balance Sheet Health
Financial Health criteria checks 4/6
Bénéteau has a total shareholder equity of €856.0M and total debt of €552.5M, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are €2.0B and €1.2B respectively. Bénéteau's EBIT is €206.8M making its interest coverage ratio -101.8. It has cash and short-term investments of €398.4M.
Key information
64.5%
Debt to equity ratio
€552.52m
Debt
Interest coverage ratio | -101.8x |
Cash | €398.38m |
Equity | €856.02m |
Total liabilities | €1.15b |
Total assets | €2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0K8N's short term assets (€1.6B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: 0K8N's short term assets (€1.6B) exceed its long term liabilities (€50.7M).
Debt to Equity History and Analysis
Debt Level: 0K8N's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 0K8N's debt to equity ratio has increased from 27.3% to 64.5% over the past 5 years.
Debt Coverage: 0K8N's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: 0K8N earns more interest than it pays, so coverage of interest payments is not a concern.