Rheinmetall Balance Sheet Health
Financial Health criteria checks 5/6
Rheinmetall has a total shareholder equity of €3.6B and total debt of €2.0B, which brings its debt-to-equity ratio to 54.9%. Its total assets and total liabilities are €12.4B and €8.8B respectively. Rheinmetall's EBIT is €994.0M making its interest coverage ratio 9.1. It has cash and short-term investments of €549.0M.
Key information
54.9%
Debt to equity ratio
€1.98b
Debt
Interest coverage ratio | 9.1x |
Cash | €549.00m |
Equity | €3.61b |
Total liabilities | €8.76b |
Total assets | €12.37b |
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 (€6.2B).
Long Term Liabilities: 000345850's short term assets (€7.6B) exceed its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: 000345850's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 000345850's debt to equity ratio has increased from 50.6% to 54.9% over the past 5 years.
Debt Coverage: 000345850's debt is well covered by operating cash flow (58.4%).
Interest Coverage: 000345850's interest payments on its debt are well covered by EBIT (9.1x coverage).