Bechtle Balance Sheet Health
Financial Health criteria checks 6/6
Bechtle has a total shareholder equity of €1.6B and total debt of €413.9M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are €3.4B and €1.7B respectively. Bechtle's EBIT is €374.4M making its interest coverage ratio 51.3. It has cash and short-term investments of €225.4M.
Key information
25.1%
Debt to equity ratio
€413.85m
Debt
Interest coverage ratio | 51.3x |
Cash | €225.44m |
Equity | €1.65b |
Total liabilities | €1.73b |
Total assets | €3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BC8D's short term assets (€2.1B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: BC8D's short term assets (€2.1B) exceed its long term liabilities (€497.6M).
Debt to Equity History and Analysis
Debt Level: BC8D's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: BC8D's debt to equity ratio has reduced from 42% to 25.1% over the past 5 years.
Debt Coverage: BC8D's debt is well covered by operating cash flow (129.9%).
Interest Coverage: BC8D's interest payments on its debt are well covered by EBIT (51.3x coverage).