Aurubis Balance Sheet Health
Financial Health criteria checks 6/6
Aurubis has a total shareholder equity of €4.3B and total debt of €198.0M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are €7.2B and €2.9B respectively. Aurubis's EBIT is €69.8M making its interest coverage ratio 4.6. It has cash and short-term investments of €134.0M.
Key information
4.6%
Debt to equity ratio
€198.00m
Debt
Interest coverage ratio | 4.6x |
Cash | €134.00m |
Equity | €4.29b |
Total liabilities | €2.87b |
Total assets | €7.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NDA's short term assets (€4.6B) exceed its short term liabilities (€1.9B).
Long Term Liabilities: NDA's short term assets (€4.6B) exceed its long term liabilities (€1.0B).
Debt to Equity History and Analysis
Debt Level: NDA's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: NDA's debt to equity ratio has reduced from 10% to 4.6% over the past 5 years.
Debt Coverage: NDA's debt is well covered by operating cash flow (218.5%).
Interest Coverage: NDA's interest payments on its debt are well covered by EBIT (4.6x coverage).