Groupe Bruxelles Lambert Balance Sheet Health
Financial Health criteria checks 3/6
Groupe Bruxelles Lambert has a total shareholder equity of €17.0B and total debt of €8.4B, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are €28.6B and €11.5B respectively. Groupe Bruxelles Lambert's EBIT is €1.1B making its interest coverage ratio 3.5. It has cash and short-term investments of €2.6B.
Key information
49.1%
Debt to equity ratio
€8.35b
Debt
Interest coverage ratio | 3.5x |
Cash | €2.63b |
Equity | €17.01b |
Total liabilities | €11.55b |
Total assets | €28.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GBLBB's short term assets (€5.0B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: GBLBB's short term assets (€5.0B) do not cover its long term liabilities (€8.8B).
Debt to Equity History and Analysis
Debt Level: GBLBB's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: GBLBB's debt to equity ratio has increased from 21.7% to 49.1% over the past 5 years.
Debt Coverage: GBLBB's debt is not well covered by operating cash flow (13.4%).
Interest Coverage: GBLBB's interest payments on its debt are well covered by EBIT (3.5x coverage).