Fresenius Medical Care Balance Sheet Health
Financial Health criteria checks 4/6
Fresenius Medical Care has a total shareholder equity of €15.2B and total debt of €7.7B, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are €33.9B and €18.7B respectively. Fresenius Medical Care's EBIT is €1.6B making its interest coverage ratio 4.6. It has cash and short-term investments of €1.1B.
Key information
50.6%
Debt to equity ratio
€7.68b
Debt
| Interest coverage ratio | 4.6x |
| Cash | €1.09b |
| Equity | €15.19b |
| Total liabilities | €18.71b |
| Total assets | €33.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FME's short term assets (€8.7B) exceed its short term liabilities (€5.9B).
Long Term Liabilities: FME's short term assets (€8.7B) do not cover its long term liabilities (€12.8B).
Debt to Equity History and Analysis
Debt Level: FME's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: FME's debt to equity ratio has reduced from 69.7% to 50.6% over the past 5 years.
Debt Coverage: FME's debt is well covered by operating cash flow (26.7%).
Interest Coverage: FME's interest payments on its debt are well covered by EBIT (4.6x coverage).