Befesa Balance Sheet Health
Financial Health criteria checks 2/6
Befesa has a total shareholder equity of €845.6M and total debt of €687.6M, which brings its debt-to-equity ratio to 81.3%. Its total assets and total liabilities are €1.9B and €1.1B respectively. Befesa's EBIT is €18.0M making its interest coverage ratio 0.6. It has cash and short-term investments of €80.8M.
Key information
81.3%
Debt to equity ratio
€687.59m
Debt
| Interest coverage ratio | 0.6x |
| Cash | €80.82m |
| Equity | €845.57m |
| Total liabilities | €1.09b |
| Total assets | €1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BFSA.F's short term assets (€344.1M) exceed its short term liabilities (€276.5M).
Long Term Liabilities: BFSA.F's short term assets (€344.1M) do not cover its long term liabilities (€808.8M).
Debt to Equity History and Analysis
Debt Level: BFSA.F's net debt to equity ratio (71.8%) is considered high.
Reducing Debt: BFSA.F's debt to equity ratio has reduced from 176.3% to 81.3% over the past 5 years.
Debt Coverage: BFSA.F's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: BFSA.F's interest payments on its debt are not well covered by EBIT (0.6x coverage).