Brenntag Balance Sheet Health
Financial Health criteria checks 6/6
Brenntag has a total shareholder equity of €4.5B and total debt of €2.3B, which brings its debt-to-equity ratio to 50%. Its total assets and total liabilities are €10.7B and €6.1B respectively. Brenntag's EBIT is €985.8M making its interest coverage ratio 10.1. It has cash and short-term investments of €529.0M.
Key information
50.0%
Debt to equity ratio
€2.27b
Debt
Interest coverage ratio | 10.1x |
Cash | €529.00m |
Equity | €4.54b |
Total liabilities | €6.14b |
Total assets | €10.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNTG.F's short term assets (€4.8B) exceed its short term liabilities (€3.0B).
Long Term Liabilities: BNTG.F's short term assets (€4.8B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: BNTG.F's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: BNTG.F's debt to equity ratio has reduced from 63% to 50% over the past 5 years.
Debt Coverage: BNTG.F's debt is well covered by operating cash flow (62.6%).
Interest Coverage: BNTG.F's interest payments on its debt are well covered by EBIT (10.1x coverage).