SGL Carbon Balance Sheet Health
Financial Health criteria checks 6/6
SGL Carbon has a total shareholder equity of €635.0M and total debt of €283.8M, which brings its debt-to-equity ratio to 44.7%. Its total assets and total liabilities are €1.5B and €854.6M respectively. SGL Carbon's EBIT is €87.8M making its interest coverage ratio 3.5. It has cash and short-term investments of €197.2M.
Key information
44.7%
Debt to equity ratio
€283.80m
Debt
| Interest coverage ratio | 3.5x |
| Cash | €197.20m |
| Equity | €635.00m |
| Total liabilities | €854.60m |
| Total assets | €1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGL's short term assets (€760.6M) exceed its short term liabilities (€263.9M).
Long Term Liabilities: SGL's short term assets (€760.6M) exceed its long term liabilities (€590.7M).
Debt to Equity History and Analysis
Debt Level: SGL's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: SGL's debt to equity ratio has reduced from 73.4% to 44.7% over the past 5 years.
Debt Coverage: SGL's debt is well covered by operating cash flow (58.7%).
Interest Coverage: SGL's interest payments on its debt are well covered by EBIT (3.5x coverage).