Bechtle Balance Sheet Health
Financial Health criteria checks 6/6
Bechtle has a total shareholder equity of €1.7B and total debt of €540.5M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are €3.8B and €2.1B respectively. Bechtle's EBIT is €382.3M making its interest coverage ratio 47.5. It has cash and short-term investments of €465.8M.
Key information
31.0%
Debt to equity ratio
€540.51m
Debt
Interest coverage ratio | 47.5x |
Cash | €465.76m |
Equity | €1.74b |
Total liabilities | €2.06b |
Total assets | €3.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DPM's short term assets (€2.4B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: 0DPM's short term assets (€2.4B) exceed its long term liabilities (€784.9M).
Debt to Equity History and Analysis
Debt Level: 0DPM's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 0DPM's debt to equity ratio has reduced from 44.6% to 31% over the past 5 years.
Debt Coverage: 0DPM's debt is well covered by operating cash flow (84.9%).
Interest Coverage: 0DPM's interest payments on its debt are well covered by EBIT (47.5x coverage).