Fresenius Medical Care KGaA Balance Sheet Health
Financial Health criteria checks 4/6
Fresenius Medical Care KGaA has a total shareholder equity of €15.4B and total debt of €8.5B, which brings its debt-to-equity ratio to 55.2%. Its total assets and total liabilities are €35.8B and €20.3B respectively. Fresenius Medical Care KGaA's EBIT is €1.6B making its interest coverage ratio 5.4. It has cash and short-term investments of €1.5B.
Key information
55.2%
Debt to equity ratio
€8.53b
Debt
Interest coverage ratio | 5.4x |
Cash | €1.46b |
Equity | €15.45b |
Total liabilities | €20.30b |
Total assets | €35.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FME's short term assets (€8.2B) exceed its short term liabilities (€6.5B).
Long Term Liabilities: FME's short term assets (€8.2B) do not cover its long term liabilities (€13.8B).
Debt to Equity History and Analysis
Debt Level: FME's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: FME's debt to equity ratio has reduced from 69.1% to 55.2% over the past 5 years.
Debt Coverage: FME's debt is well covered by operating cash flow (25.4%).
Interest Coverage: FME's interest payments on its debt are well covered by EBIT (5.4x coverage).