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 ratio | 10.6x |
| Cash | R244.97m |
| Equity | R5.52b |
| Total liabilities | R4.87b |
| Total assets | R10.40b |
Recent financial health updates
Is Bell Equipment (JSE:BEL) A Risky Investment?
Nov 03
Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?
Apr 28Is Bell Equipment (JSE:BEL) Using Too Much Debt?
Dec 01
Recent updates
Is Now The Time To Put Bell Equipment (JSE:BEL) On Your Watchlist?
Sep 13Bell Equipment Limited's (JSE:BEL) Share Price Boosted 67% But Its Business Prospects Need A Lift Too
Aug 10There's Been No Shortage Of Growth Recently For Bell Equipment's (JSE:BEL) Returns On Capital
Jul 17Bell Equipment Limited's (JSE:BEL) Business And Shares Still Trailing The Market
Jun 26Here's Why Bell Equipment (JSE:BEL) Has Caught The Eye Of Investors
Apr 26We Ran A Stock Scan For Earnings Growth And Bell Equipment (JSE:BEL) Passed With Ease
Sep 09Is Bell Equipment (JSE:BEL) A Risky Investment?
Nov 03Bell Equipment (JSE:BEL) Is Looking To Continue Growing Its Returns On Capital
Aug 23Returns At Bell Equipment (JSE:BEL) Appear To Be Weighed Down
Feb 12Returns On Capital At Bell Equipment (JSE:BEL) Have Stalled
Oct 04We Think Bell Equipment Limited's (JSE:BEL) CEO Compensation Package Needs To Be Put Under A Microscope
Jun 12Returns On Capital At Bell Equipment (JSE:BEL) Paint A Concerning Picture
Jun 02Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?
Apr 28Bell Equipment (JSE:BEL) Shareholders Have Enjoyed A 45% Share Price Gain
Mar 17Is Bell Equipment (JSE:BEL) Using Too Much Debt?
Dec 01Financial 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).