Mercedes-Benz Group Balance Sheet Health
Financial Health criteria checks 4/6
Mercedes-Benz Group has a total shareholder equity of €91.1B and total debt of €110.9B, which brings its debt-to-equity ratio to 121.7%. Its total assets and total liabilities are €263.2B and €172.0B respectively. Mercedes-Benz Group's EBIT is €14.9B making its interest coverage ratio -25.7. It has cash and short-term investments of €16.6B.
Key information
121.7%
Debt to equity ratio
€110.93b
Debt
| Interest coverage ratio | -25.7x |
| Cash | €16.57b |
| Equity | €91.14b |
| Total liabilities | €172.04b |
| Total assets | €263.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAI's short term assets (€103.9B) exceed its short term liabilities (€79.0B).
Long Term Liabilities: DAI's short term assets (€103.9B) exceed its long term liabilities (€93.1B).
Debt to Equity History and Analysis
Debt Level: DAI's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: DAI's debt to equity ratio has reduced from 249.4% to 121.7% over the past 5 years.
Debt Coverage: DAI's debt is not well covered by operating cash flow (13%).
Interest Coverage: DAI earns more interest than it pays, so coverage of interest payments is not a concern.