NV Bekaert Balance Sheet Health
Financial Health criteria checks 6/6
NV Bekaert has a total shareholder equity of €2.2B and total debt of €803.9M, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are €4.2B and €2.0B respectively. NV Bekaert's EBIT is €368.1M making its interest coverage ratio 17.4. It has cash and short-term investments of €489.0M.
Key information
36.4%
Debt to equity ratio
€803.88m
Debt
| Interest coverage ratio | 17.4x |
| Cash | €489.03m |
| Equity | €2.21b |
| Total liabilities | €1.98b |
| Total assets | €4.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OQJ's short term assets (€2.3B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: 0OQJ's short term assets (€2.3B) exceed its long term liabilities (€656.8M).
Debt to Equity History and Analysis
Debt Level: 0OQJ's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 0OQJ's debt to equity ratio has reduced from 106.8% to 36.4% over the past 5 years.
Debt Coverage: 0OQJ's debt is well covered by operating cash flow (49%).
Interest Coverage: 0OQJ's interest payments on its debt are well covered by EBIT (17.4x coverage).