Bell Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Bell Equipment has a total shareholder equity of ZAR5.3B and total debt of ZAR1.8B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ZAR10.5B and ZAR5.2B respectively. Bell Equipment's EBIT is ZAR1.2B making its interest coverage ratio 10.5. It has cash and short-term investments of ZAR251.8M.
Key information
33.8%
Debt to equity ratio
R1.79b
Debt
| Interest coverage ratio | 10.5x |
| Cash | R251.79m |
| Equity | R5.29b |
| Total liabilities | R5.25b |
| Total assets | R10.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLLQ.F's short term assets (ZAR8.5B) exceed its short term liabilities (ZAR4.2B).
Long Term Liabilities: BLLQ.F's short term assets (ZAR8.5B) exceed its long term liabilities (ZAR1.0B).
Debt to Equity History and Analysis
Debt Level: BLLQ.F's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: BLLQ.F's debt to equity ratio has reduced from 46.1% to 33.8% over the past 5 years.
Debt Coverage: BLLQ.F's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: BLLQ.F's interest payments on its debt are well covered by EBIT (10.5x coverage).