Hapag-Lloyd Balance Sheet Health
Financial Health criteria checks 6/6
Hapag-Lloyd has a total shareholder equity of €18.5B and total debt of €2.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are €29.7B and €11.3B respectively. Hapag-Lloyd's EBIT is €821.3M making its interest coverage ratio -195.5. It has cash and short-term investments of €4.2B.
Key information
15.8%
Debt to equity ratio
€2.93b
Debt
| Interest coverage ratio | -195.5x |
| Cash | €4.24b |
| Equity | €18.48b |
| Total liabilities | €11.26b |
| Total assets | €29.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLAG's short term assets (€9.5B) exceed its short term liabilities (€6.3B).
Long Term Liabilities: HLAG's short term assets (€9.5B) exceed its long term liabilities (€5.0B).
Debt to Equity History and Analysis
Debt Level: HLAG has more cash than its total debt.
Reducing Debt: HLAG's debt to equity ratio has reduced from 86.3% to 15.8% over the past 5 years.
Debt Coverage: HLAG's debt is well covered by operating cash flow (81.7%).
Interest Coverage: HLAG earns more interest than it pays, so coverage of interest payments is not a concern.