PIERER Mobility Balance Sheet Health
Financial Health criteria checks 2/6
PIERER Mobility has a total shareholder equity of €909.3M and total debt of €961.6M, which brings its debt-to-equity ratio to 105.8%. Its total assets and total liabilities are €3.0B and €2.0B respectively. PIERER Mobility's EBIT is €157.7M making its interest coverage ratio 2.5. It has cash and short-term investments of €282.8M.
Key information
105.8%
Debt to equity ratio
€961.62m
Debt
Interest coverage ratio | 2.5x |
Cash | €282.80m |
Equity | €909.27m |
Total liabilities | €2.04b |
Total assets | €2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKTM's short term assets (€1.6B) exceed its short term liabilities (€913.6M).
Long Term Liabilities: PKTM's short term assets (€1.6B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: PKTM's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: PKTM's debt to equity ratio has increased from 71.5% to 105.8% over the past 5 years.
Debt Coverage: PKTM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PKTM's interest payments on its debt are not well covered by EBIT (2.5x coverage).