Bell Equipment Balance Sheet Health
Financial Health criteria checks 5/6
Bell Equipment has a total shareholder equity of ZAR5.3B and total debt of ZAR1.8B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ZAR10.5B and ZAR5.2B respectively. Bell Equipment's EBIT is ZAR1.2B making its interest coverage ratio 10.5. It has cash and short-term investments of ZAR251.8M.
Key information
33.8%
Debt to equity ratio
R1.79b
Debt
Interest coverage ratio | 10.5x |
Cash | R251.79m |
Equity | R5.29b |
Total liabilities | R5.25b |
Total assets | R10.53b |
Recent financial health updates
Is Bell Equipment (JSE:BEL) A Risky Investment?
Nov 03Does Bell Equipment (JSE:BEL) Have A Healthy Balance Sheet?
Apr 28Is Bell Equipment (JSE:BEL) Using Too Much Debt?
Dec 01Recent updates
Here'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 (ZAR8.5B) exceed its short term liabilities (ZAR4.2B).
Long Term Liabilities: BEL's short term assets (ZAR8.5B) exceed its long term liabilities (ZAR1.0B).
Debt to Equity History and Analysis
Debt Level: BEL's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: BEL's debt to equity ratio has reduced from 46.1% to 33.8% over the past 5 years.
Debt Coverage: BEL's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: BEL's interest payments on its debt are well covered by EBIT (10.5x coverage).