Siemens Balance Sheet Health
Financial Health criteria checks 3/6
Siemens has a total shareholder equity of €51.2B and total debt of €49.2B, which brings its debt-to-equity ratio to 96.1%. Its total assets and total liabilities are €143.9B and €92.7B respectively. Siemens's EBIT is €7.6B making its interest coverage ratio 32.3. It has cash and short-term investments of €10.1B.
Key information
96.1%
Debt to equity ratio
€49.24b
Debt
| Interest coverage ratio | 32.3x |
| Cash | €10.14b |
| Equity | €51.22b |
| Total liabilities | €92.71b |
| Total assets | €143.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIEGY's short term assets (€58.6B) exceed its short term liabilities (€41.3B).
Long Term Liabilities: SIEGY's short term assets (€58.6B) exceed its long term liabilities (€51.4B).
Debt to Equity History and Analysis
Debt Level: SIEGY's net debt to equity ratio (76.4%) is considered high.
Reducing Debt: SIEGY's debt to equity ratio has increased from 70.3% to 96.1% over the past 5 years.
Debt Coverage: SIEGY's debt is not well covered by operating cash flow (18.8%).
Interest Coverage: SIEGY's interest payments on its debt are well covered by EBIT (32.3x coverage).