HELLA GmbH KGaA Balance Sheet Health
Financial Health criteria checks 6/6
HELLA GmbH KGaA has a total shareholder equity of €2.9B and total debt of €1.1B, which brings its debt-to-equity ratio to 38.7%. Its total assets and total liabilities are €7.1B and €4.2B respectively. HELLA GmbH KGaA's EBIT is €433.3M making its interest coverage ratio 9.6. It has cash and short-term investments of €1.2B.
Key information
38.7%
Debt to equity ratio
€1.12b
Debt
| Interest coverage ratio | 9.6x |
| Cash | €1.19b |
| Equity | €2.90b |
| Total liabilities | €4.16b |
| Total assets | €7.06b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HLE's short term assets (€3.8B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: HLE's short term assets (€3.8B) exceed its long term liabilities (€1.5B).
Debt to Equity History and Analysis
Debt Level: HLE has more cash than its total debt.
Reducing Debt: HLE's debt to equity ratio has reduced from 43.5% to 38.7% over the past 5 years.
Debt Coverage: HLE's debt is well covered by operating cash flow (73.6%).
Interest Coverage: HLE's interest payments on its debt are well covered by EBIT (9.6x coverage).