Mercedes-Benz Group Balance Sheet Health
Financial Health criteria checks 4/6
Mercedes-Benz Group has a total shareholder equity of €92.8B and total debt of €108.6B, which brings its debt-to-equity ratio to 117%. Its total assets and total liabilities are €263.0B and €170.2B respectively. Mercedes-Benz Group's EBIT is €17.5B making its interest coverage ratio -39.4. It has cash and short-term investments of €19.0B.
Key information
117.0%
Debt to equity ratio
€108.64b
Debt
Interest coverage ratio | -39.4x |
Cash | €18.99b |
Equity | €92.82b |
Total liabilities | €170.21b |
Total assets | €263.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DAI's short term assets (€104.0B) exceed its short term liabilities (€82.4B).
Long Term Liabilities: DAI's short term assets (€104.0B) exceed its long term liabilities (€87.8B).
Debt to Equity History and Analysis
Debt Level: DAI's net debt to equity ratio (96.6%) is considered high.
Reducing Debt: DAI's debt to equity ratio has reduced from 219.4% to 117% over the past 5 years.
Debt Coverage: DAI's debt is not well covered by operating cash flow (13.3%).
Interest Coverage: DAI earns more interest than it pays, so coverage of interest payments is not a concern.