Biesse Balance Sheet Health
Financial Health criteria checks 4/6
Biesse has a total shareholder equity of €263.9M and total debt of €99.5M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are €706.9M and €443.1M respectively. Biesse's EBIT is €15.1M making its interest coverage ratio 8.9. It has cash and short-term investments of €79.7M.
Key information
37.7%
Debt to equity ratio
€99.46m
Debt
| Interest coverage ratio | 8.9x |
| Cash | €79.65m |
| Equity | €263.86m |
| Total liabilities | €443.09m |
| Total assets | €706.95m |
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 (€418.6M) exceed its short term liabilities (€328.1M).
Long Term Liabilities: BSS's short term assets (€418.6M) exceed its long term liabilities (€115.0M).
Debt to Equity History and Analysis
Debt Level: BSS's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: BSS's debt to equity ratio has increased from 36.2% to 37.7% over the past 5 years.
Debt Coverage: BSS's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: BSS's interest payments on its debt are well covered by EBIT (8.9x coverage).