MTU Aero Engines Balance Sheet Health
Financial Health criteria checks 4/6
MTU Aero Engines has a total shareholder equity of €3.0B and total debt of €1.4B, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are €10.4B and €7.3B respectively.
Key information
44.9%
Debt to equity ratio
€1.37b
Debt
Interest coverage ratio | n/a |
Cash | €854.00m |
Equity | €3.04b |
Total liabilities | €7.33b |
Total assets | €10.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTX's short term assets (€5.8B) exceed its short term liabilities (€5.1B).
Long Term Liabilities: MTX's short term assets (€5.8B) exceed its long term liabilities (€2.2B).
Debt to Equity History and Analysis
Debt Level: MTX's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: MTX's debt to equity ratio has increased from 44.2% to 44.9% over the past 5 years.
Debt Coverage: MTX's debt is well covered by operating cash flow (56.9%).
Interest Coverage: Insufficient data to determine if MTX's interest payments on its debt are well covered by EBIT.