Rheinmetall Balance Sheet Health
Financial Health criteria checks 6/6
Rheinmetall has a total shareholder equity of €3.7B and total debt of €1.8B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are €12.5B and €8.8B respectively. Rheinmetall's EBIT is €1.1B making its interest coverage ratio 10.5. It has cash and short-term investments of €474.0M.
Key information
48.6%
Debt to equity ratio
€1.81b
Debt
Interest coverage ratio | 10.5x |
Cash | €474.00m |
Equity | €3.73b |
Total liabilities | €8.76b |
Total assets | €12.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 000345850's short term assets (€7.6B) exceed its short term liabilities (€6.0B).
Long Term Liabilities: 000345850's short term assets (€7.6B) exceed its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: 000345850's net debt to equity ratio (35.9%) is considered satisfactory.
Reducing Debt: 000345850's debt to equity ratio has reduced from 53% to 48.6% over the past 5 years.
Debt Coverage: 000345850's debt is well covered by operating cash flow (80.8%).
Interest Coverage: 000345850's interest payments on its debt are well covered by EBIT (10.5x coverage).