Birkenstock Holding Balance Sheet Health
Financial Health criteria checks 3/6
Birkenstock Holding has a total shareholder equity of €2.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are €5.0B and €2.4B respectively. Birkenstock Holding's EBIT is €362.1M making its interest coverage ratio 2.3. It has cash and short-term investments of €404.3M.
Key information
50.8%
Debt to equity ratio
€1.34b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €404.35m |
| Equity | €2.64b |
| Total liabilities | €2.40b |
| Total assets | €5.04b |
Recent financial health updates
No updates
Recent updates
Birkenstock: Decelerating Growth And Inflated Valuations Do Not Mix Well
Aug 30Birkenstock Has A Great Brand And Potential, But The Stock Is Overvalued
Jul 30Birkenstock: Stellar Growth In Asia And Closed-Toe Shoes
Jun 11Estimating The Fair Value Of Birkenstock Holding plc (NYSE:BIRK)
May 21
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 (€1.3B) exceed its short term liabilities (€435.2M).
Long Term Liabilities: BIRK's short term assets (€1.3B) do not cover its long term liabilities (€2.0B).
Debt to Equity History and Analysis
Debt Level: BIRK's net debt to equity ratio (35.5%) is considered satisfactory.
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 (30.1%).
Interest Coverage: BIRK's interest payments on its debt are not well covered by EBIT (2.3x coverage).