Birkenstock Holding Balance Sheet Health
Financial Health criteria checks 2/6
Birkenstock Holding has a total shareholder equity of €2.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 52.1%. Its total assets and total liabilities are €4.8B and €2.3B respectively. Birkenstock Holding's EBIT is €314.6M making its interest coverage ratio 2.7. It has cash and short-term investments of €175.7M.
Key information
52.1%
Debt to equity ratio
€1.33b
Debt
Interest coverage ratio | 2.7x |
Cash | €175.73m |
Equity | €2.55b |
Total liabilities | €2.29b |
Total assets | €4.85b |
Recent financial health updates
No updates
Recent updates
Birkenstock: Stellar Growth In Asia And Closed-Toe Shoes
Jun 11Estimating The Fair Value Of Birkenstock Holding plc (NYSE:BIRK)
May 21Birkenstock: 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 (€1.1B) exceed its short term liabilities (€374.8M).
Long Term Liabilities: BIRK's short term assets (€1.1B) do not cover its long term liabilities (€1.9B).
Debt to Equity History and Analysis
Debt Level: BIRK's net debt to equity ratio (45.2%) 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%).
Interest Coverage: BIRK's interest payments on its debt are not well covered by EBIT (2.7x coverage).