Befimmo Balance Sheet Health
Financial Health criteria checks 1/6
Befimmo has a total shareholder equity of €1.7B and total debt of €1.3B, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are €3.1B and €1.4B respectively. Befimmo's EBIT is €77.3M making its interest coverage ratio 9.1. It has cash and short-term investments of €2.2M.
Key information
74.4%
Debt to equity ratio
€1.28b
Debt
| Interest coverage ratio | 9.1x |
| Cash | €2.24m |
| Equity | €1.73b |
| Total liabilities | €1.42b |
| Total assets | €3.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BEFBB's short term assets (€66.7M) do not cover its short term liabilities (€293.9M).
Long Term Liabilities: BEFBB's short term assets (€66.7M) do not cover its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: BEFBB's net debt to equity ratio (74.2%) is considered high.
Reducing Debt: BEFBB's debt to equity ratio has increased from 64.9% to 74.4% over the past 5 years.
Debt Coverage: BEFBB's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: BEFBB's interest payments on its debt are well covered by EBIT (9.1x coverage).