Boiron Balance Sheet Health
Financial Health criteria checks 6/6
Boiron has a total shareholder equity of €550.0M and total debt of €2.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are €752.8M and €202.7M respectively. Boiron's EBIT is €60.5M making its interest coverage ratio -15.7. It has cash and short-term investments of €232.3M.
Key information
0.5%
Debt to equity ratio
€2.82m
Debt
Interest coverage ratio | -15.7x |
Cash | €232.26m |
Equity | €550.03m |
Total liabilities | €202.75m |
Total assets | €752.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BOIP's short term assets (€443.6M) exceed its short term liabilities (€133.7M).
Long Term Liabilities: BOIP's short term assets (€443.6M) exceed its long term liabilities (€69.0M).
Debt to Equity History and Analysis
Debt Level: BOIP has more cash than its total debt.
Reducing Debt: BOIP's debt to equity ratio has reduced from 2.2% to 0.5% over the past 5 years.
Debt Coverage: BOIP's debt is well covered by operating cash flow (1202.4%).
Interest Coverage: BOIP earns more interest than it pays, so coverage of interest payments is not a concern.