Bell Equipment Limited

JSE:BEL Stock Report

Market Cap: R3.6b

Bell Equipment Balance Sheet Health

Financial Health criteria checks 6/6

Bell Equipment has a total shareholder equity of ZAR5.5B and total debt of ZAR1.6B, which brings its debt-to-equity ratio to 29.4%. Its total assets and total liabilities are ZAR10.4B and ZAR4.9B respectively. Bell Equipment's EBIT is ZAR1.2B making its interest coverage ratio 10.6. It has cash and short-term investments of ZAR245.0M.

Key information

29.4%

Debt to equity ratio

R1.62b

Debt

Interest coverage ratio10.6x
CashR244.97m
EquityR5.52b
Total liabilitiesR4.87b
Total assetsR10.40b

Recent financial health updates

Is Bell Equipment (JSE:BEL) A Risky Investment?

Nov 03
Is Bell Equipment (JSE:BEL) A Risky Investment?

Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Apr 28
Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Dec 01
Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Recent updates

Is Now The Time To Put Bell Equipment (JSE:BEL) On Your Watchlist?

Sep 13
Is Now The Time To Put Bell Equipment (JSE:BEL) On Your Watchlist?

Bell Equipment Limited's (JSE:BEL) Share Price Boosted 67% But Its Business Prospects Need A Lift Too

Aug 10
Bell Equipment Limited's (JSE:BEL) Share Price Boosted 67% But Its Business Prospects Need A Lift Too

There's Been No Shortage Of Growth Recently For Bell Equipment's (JSE:BEL) Returns On Capital

Jul 17
There's Been No Shortage Of Growth Recently For Bell Equipment's (JSE:BEL) Returns On Capital

Bell Equipment Limited's (JSE:BEL) Business And Shares Still Trailing The Market

Jun 26
Bell Equipment Limited's (JSE:BEL) Business And Shares Still Trailing The Market

Here's Why Bell Equipment (JSE:BEL) Has Caught The Eye Of Investors

Apr 26
Here's Why Bell Equipment (JSE:BEL) Has Caught The Eye Of Investors

We Ran A Stock Scan For Earnings Growth And Bell Equipment (JSE:BEL) Passed With Ease

Sep 09
We Ran A Stock Scan For Earnings Growth And Bell Equipment (JSE:BEL) Passed With Ease

Is Bell Equipment (JSE:BEL) A Risky Investment?

Nov 03
Is Bell Equipment (JSE:BEL) A Risky Investment?

Bell Equipment (JSE:BEL) Is Looking To Continue Growing Its Returns On Capital

Aug 23
Bell Equipment (JSE:BEL) Is Looking To Continue Growing Its Returns On Capital

Returns At Bell Equipment (JSE:BEL) Appear To Be Weighed Down

Feb 12
Returns At Bell Equipment (JSE:BEL) Appear To Be Weighed Down

Returns On Capital At Bell Equipment (JSE:BEL) Have Stalled

Oct 04
Returns On Capital At Bell Equipment (JSE:BEL) Have Stalled

We Think Bell Equipment Limited's (JSE:BEL) CEO Compensation Package Needs To Be Put Under A Microscope

Jun 12
We Think Bell Equipment Limited's (JSE:BEL) CEO Compensation Package Needs To Be Put Under A Microscope

Returns On Capital At Bell Equipment (JSE:BEL) Paint A Concerning Picture

Jun 02
Returns On Capital At Bell Equipment (JSE:BEL) Paint A Concerning Picture

Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Apr 28
Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?

Bell Equipment (JSE:BEL) Shareholders Have Enjoyed A 45% Share Price Gain

Mar 17
Bell Equipment (JSE:BEL) Shareholders Have Enjoyed A 45% Share Price Gain

Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Dec 01
Is Bell Equipment (JSE:BEL) Using Too Much Debt?

Financial Position Analysis

Short Term Liabilities: BEL's short term assets (ZAR8.4B) exceed its short term liabilities (ZAR3.9B).

Long Term Liabilities: BEL's short term assets (ZAR8.4B) exceed its long term liabilities (ZAR1.0B).

Debt to Equity History and Analysis

Debt Level: BEL's net debt to equity ratio (24.9%) is considered satisfactory.

Reducing Debt: BEL's debt to equity ratio has reduced from 42.8% to 29.4% over the past 5 years.

Debt Coverage: BEL's debt is well covered by operating cash flow (65.6%).

Interest Coverage: BEL's interest payments on its debt are well covered by EBIT (10.6x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/25 19:36
End of Day Share Price 2024/12/24 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Bell Equipment Limited is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul RossAfrifocus Securities (Pty) Ltd.
Julian Benjamin WentzelMacquarie Research
John ArronRencap Securities (Pty) Limited