Bénéteau Balance Sheet Health
Financial Health criteria checks 4/6
Bénéteau has a total shareholder equity of €794.6M and total debt of €445.6M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are €1.9B and €1.1B respectively. Bénéteau's EBIT is €229.4M making its interest coverage ratio 349.2. It has cash and short-term investments of €357.3M.
Key information
56.1%
Debt to equity ratio
€445.60m
Debt
Interest coverage ratio | 349.2x |
Cash | €357.28m |
Equity | €794.57m |
Total liabilities | €1.13b |
Total assets | €1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTEA.F's short term assets (€1.5B) exceed its short term liabilities (€1.1B).
Long Term Liabilities: BTEA.F's short term assets (€1.5B) exceed its long term liabilities (€73.9M).
Debt to Equity History and Analysis
Debt Level: BTEA.F's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: BTEA.F's debt to equity ratio has increased from 49.6% to 56.1% over the past 5 years.
Debt Coverage: BTEA.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BTEA.F's interest payments on its debt are well covered by EBIT (349.2x coverage).