Ströer SE KGaA Balance Sheet Health
Financial Health criteria checks 3/6
Ströer SE KGaA has a total shareholder equity of €427.0M and total debt of €893.3M, which brings its debt-to-equity ratio to 209.2%. Its total assets and total liabilities are €2.7B and €2.3B respectively. Ströer SE KGaA's EBIT is €255.0M making its interest coverage ratio 3.5. It has cash and short-term investments of €70.3M.
Key information
209.2%
Debt to equity ratio
€893.28m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €70.28m |
| Equity | €427.01m |
| Total liabilities | €2.27b |
| Total assets | €2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAX's short term assets (€411.4M) do not cover its short term liabilities (€890.3M).
Long Term Liabilities: SAX's short term assets (€411.4M) do not cover its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: SAX's net debt to equity ratio (192.7%) is considered high.
Reducing Debt: SAX's debt to equity ratio has reduced from 283.6% to 209.2% over the past 5 years.
Debt Coverage: SAX's debt is well covered by operating cash flow (51.7%).
Interest Coverage: SAX's interest payments on its debt are well covered by EBIT (3.5x coverage).