Birkenstock Holding Balance Sheet Health
Financial Health criteria checks 3/6
Birkenstock Holding has a total shareholder equity of €2.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 51%. Its total assets and total liabilities are €5.0B and €2.4B respectively. Birkenstock Holding's EBIT is €354.8M making its interest coverage ratio 2.3. It has cash and short-term investments of €404.3M.
Key information
51.0%
Debt to equity ratio
€1.35b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €404.35m |
| Equity | €2.64b |
| Total liabilities | €2.40b |
| Total assets | €5.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIRK N's short term assets (€1.3B) exceed its short term liabilities (€435.2M).
Long Term Liabilities: BIRK N's short term assets (€1.3B) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: BIRK N's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BIRK N's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BIRK N's debt is well covered by operating cash flow (30%).
Interest Coverage: BIRK N's interest payments on its debt are not well covered by EBIT (2.3x coverage).