Birkenstock Holding Balance Sheet Health
Financial Health criteria checks 2/6
Birkenstock Holding has a total shareholder equity of €2.5B and total debt of €1.3B, which brings its debt-to-equity ratio to 53.5%. Its total assets and total liabilities are €4.7B and €2.2B respectively. Birkenstock Holding's EBIT is €298.9M making its interest coverage ratio 2.5. It has cash and short-term investments of €169.4M.
Key information
53.5%
Debt to equity ratio
€1.32b
Debt
| Interest coverage ratio | 2.5x |
| Cash | €169.38m |
| Equity | €2.46b |
| Total liabilities | €2.20b |
| Total assets | €4.66b |
Recent financial health updates
No updates
Recent updates
Birkenstock: Aggressive Growth Trajectory Continues
Mar 30Birkenstock's Valuation Conundrum: Lofty Market Expectations Vs. Real Growth Hurdles
Feb 27Birkenstock: Right Time To Buy
Jan 30Birkenstock: Landing On Its Feet
Jan 19Birkenstock: Walking On Overvalued Ground
Dec 06Birkenstock Is Walking On Air
Oct 12Financial Position Analysis
Short Term Liabilities: BIRK's short term assets (€941.3M) exceed its short term liabilities (€318.6M).
Long Term Liabilities: BIRK's short term assets (€941.3M) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: BIRK's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: Insufficient data to determine if BIRK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: BIRK's debt is well covered by operating cash flow (27.8%).
Interest Coverage: BIRK's interest payments on its debt are not well covered by EBIT (2.5x coverage).