Nemetschek Balance Sheet Health
Financial Health criteria checks 5/6
Nemetschek has a total shareholder equity of €718.1M and total debt of €45.0M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are €1.2B and €521.0M respectively. Nemetschek's EBIT is €187.8M making its interest coverage ratio 106.4. It has cash and short-term investments of €234.1M.
Key information
6.3%
Debt to equity ratio
€45.01m
Debt
| Interest coverage ratio | 106.4x |
| Cash | €234.13m |
| Equity | €718.07m |
| Total liabilities | €520.96m |
| Total assets | €1.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEM's short term assets (€377.2M) do not cover its short term liabilities (€419.2M).
Long Term Liabilities: NEM's short term assets (€377.2M) exceed its long term liabilities (€101.8M).
Debt to Equity History and Analysis
Debt Level: NEM has more cash than its total debt.
Reducing Debt: NEM's debt to equity ratio has reduced from 30.4% to 6.3% over the past 5 years.
Debt Coverage: NEM's debt is well covered by operating cash flow (481.5%).
Interest Coverage: NEM's interest payments on its debt are well covered by EBIT (106.4x coverage).