NV Bekaert SA

Brussels Stock Exchange BEKB.BR

NV Bekaert SA Interest Coverage Ratio for the year ending December 31, 2023: 7.71

NV Bekaert SA Interest Coverage Ratio is 7.71 for the year ending December 31, 2023, a 12.42% change year over year. Interest coverage ratio assesses earnings' ability to cover interest expenses; higher ratios signal lower risk.
  • NV Bekaert SA Interest Coverage Ratio for the year ending December 31, 2022 was 6.86, a -39.97% change year over year.
  • NV Bekaert SA Interest Coverage Ratio for the year ending December 31, 2021 was 11.43, a 195.36% change year over year.
  • NV Bekaert SA Interest Coverage Ratio for the year ending December 31, 2020 was 3.87, a 89.91% change year over year.
  • NV Bekaert SA Interest Coverage Ratio for the year ending December 31, 2019 was 2.04, a 43.71% change year over year.
Key data
Date Interest Coverage Ratio Debt to Equity Ratio Interest Expense To Sales Inventory Turnover Ratio
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SV Wall Street
Brussels Stock Exchange: BEKB.BR

NV Bekaert SA

CEO Mr. Yves Kerstens
IPO Date Jan. 4, 2000
Location Belgium
Headquarters Bekaertstraat 2
Employees 24,000
Sector Materials
Industries
Description

NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four business units: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. It offers tire cord and bead wire products for tire sector; hose reinforcement wire and conveyor belt reinforcement products; and steel wire products and solutions for agriculture, energy and utilities, mining, construction, consumer goods, and the industrial sectors. The company also provides ropes for a range of sectors, including surface and underground mining, offshore and onshore energy, crane and industrial, fishing and marine, and structures; fine steel cords for elevator and timing belts; and window regulator and heating cords for the automotive sector. In addition, it offers building products that reinforce concrete, masonry, plaster, and asphalt; fiber technologies for the filtration, heat-resistant textiles, electroconductive textiles, hydrogen electrolysis technologies, the safe discharge of static energy, sensor technologies, and the semiconductor business; and combustion technologies for gas and hydrogen burners, and residential and commercial heat exchangers. The company was founded in 1880 and is headquartered in Zwevegem, Belgium.

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StockViz Staff

February 6, 2025

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