Berentzen-Gruppe Balance Sheet Health
Financial Health criteria checks 6/6
Berentzen-Gruppe has a total shareholder equity of €49.9M and total debt of €1.2M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are €129.4M and €79.5M respectively. Berentzen-Gruppe's EBIT is €5.7M making its interest coverage ratio 4.1. It has cash and short-term investments of €8.2M.
Key information
2.4%
Debt to equity ratio
€1.19m
Debt
Interest coverage ratio | 4.1x |
Cash | €8.17m |
Equity | €49.93m |
Total liabilities | €79.50m |
Total assets | €129.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEZD's short term assets (€72.8M) exceed its short term liabilities (€69.3M).
Long Term Liabilities: BEZD's short term assets (€72.8M) exceed its long term liabilities (€10.2M).
Debt to Equity History and Analysis
Debt Level: BEZD has more cash than its total debt.
Reducing Debt: BEZD's debt to equity ratio has reduced from 117.3% to 2.4% over the past 5 years.
Debt Coverage: BEZD's debt is well covered by operating cash flow (973.6%).
Interest Coverage: BEZD's interest payments on its debt are well covered by EBIT (4.1x coverage).