Biesse Balance Sheet Health
Financial Health criteria checks 6/6
Biesse has a total shareholder equity of €261.4M and total debt of €2.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are €649.8M and €388.4M respectively. Biesse's EBIT is €35.4M making its interest coverage ratio -67.2. It has cash and short-term investments of €104.9M.
Key information
1.0%
Debt to equity ratio
€2.62m
Debt
| Interest coverage ratio | -67.2x |
| Cash | €104.87m |
| Equity | €261.45m |
| Total liabilities | €388.36m |
| Total assets | €649.81m |
Recent financial health updates
We Think Biesse (BIT:BSS) Can Manage Its Debt With Ease
Oct 14
We Think Biesse (BIT:BSS) Can Stay On Top Of Its Debt
Apr 07We Think Biesse (BIT:BSS) Is Taking Some Risk With Its Debt
Dec 14Recent updates
The Returns On Capital At Biesse (BIT:BSS) Don't Inspire Confidence
Mar 17Some Investors May Be Worried About Biesse's (BIT:BSS) Returns On Capital
Jul 06Is Now The Time To Look At Buying Biesse S.p.A. (BIT:BSS)?
Jun 14A Look At The Intrinsic Value Of Biesse S.p.A. (BIT:BSS)
May 14Biesse (BIT:BSS) Could Be Struggling To Allocate Capital
Apr 07At €23.18, Is Biesse S.p.A. (BIT:BSS) Worth Looking At Closely?
Jan 10Estimating The Fair Value Of Biesse S.p.A. (BIT:BSS)
Nov 23We Think Biesse (BIT:BSS) Can Manage Its Debt With Ease
Oct 14At €27.50, Is Biesse S.p.A. (BIT:BSS) Worth Looking At Closely?
Jul 20The Returns On Capital At Biesse (BIT:BSS) Don't Inspire Confidence
May 30We Think Biesse (BIT:BSS) Can Stay On Top Of Its Debt
Apr 07Biesse S.p.A. (BIT:BSS) Consensus Forecasts Have Become A Little Darker Since Its Latest Report
Mar 17We're Watching These Trends At Biesse (BIT:BSS)
Feb 25Should Biesse (BIT:BSS) Be Disappointed With Their 97% Profit?
Feb 04Biesse S.p.A.'s (BIT:BSS) Stock is Soaring But Financials Seem Inconsistent: Will The Uptrend Continue?
Jan 10
We Think Biesse (BIT:BSS) Is Taking Some Risk With Its Debt
Dec 14Financial Position Analysis
Short Term Liabilities: BSS's short term assets (€420.5M) exceed its short term liabilities (€351.6M).
Long Term Liabilities: BSS's short term assets (€420.5M) exceed its long term liabilities (€36.8M).
Debt to Equity History and Analysis
Debt Level: BSS has more cash than its total debt.
Reducing Debt: BSS's debt to equity ratio has reduced from 25.5% to 1% over the past 5 years.
Debt Coverage: BSS's debt is well covered by operating cash flow (615.7%).
Interest Coverage: BSS earns more interest than it pays, so coverage of interest payments is not a concern.