Be Shaping The Future Balance Sheet Health
Financial Health criteria checks 2/6
Be Shaping The Future has a total shareholder equity of €64.3M and total debt of €44.6M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are €226.0M and €161.6M respectively. Be Shaping The Future's EBIT is €4.6M making its interest coverage ratio 2.5. It has cash and short-term investments of €17.3M.
Key information
69.4%
Debt to equity ratio
€44.64m
Debt
| Interest coverage ratio | 2.5x |
| Cash | €17.29m |
| Equity | €64.34m |
| Total liabilities | €161.63m |
| Total assets | €225.98m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BESTM's short term assets (€90.3M) do not cover its short term liabilities (€106.0M).
Long Term Liabilities: BESTM's short term assets (€90.3M) exceed its long term liabilities (€55.7M).
Debt to Equity History and Analysis
Debt Level: BESTM's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: BESTM's debt to equity ratio has increased from 63.1% to 69.4% over the past 5 years.
Debt Coverage: BESTM's debt is well covered by operating cash flow (31.8%).
Interest Coverage: BESTM's interest payments on its debt are not well covered by EBIT (2.5x coverage).