Schaeffler Balance Sheet Health
Financial Health criteria checks 3/6
Schaeffler has a total shareholder equity of €4.2B and total debt of €6.1B, which brings its debt-to-equity ratio to 144.7%. Its total assets and total liabilities are €17.3B and €13.1B respectively. Schaeffler's EBIT is €1.1B making its interest coverage ratio 3. It has cash and short-term investments of €1.5B.
Key information
144.7%
Debt to equity ratio
€6.08b
Debt
Interest coverage ratio | 3x |
Cash | €1.46b |
Equity | €4.20b |
Total liabilities | €13.13b |
Total assets | €17.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHA's short term assets (€8.1B) exceed its short term liabilities (€4.8B).
Long Term Liabilities: SHA's short term assets (€8.1B) do not cover its long term liabilities (€8.3B).
Debt to Equity History and Analysis
Debt Level: SHA's net debt to equity ratio (109.9%) is considered high.
Reducing Debt: SHA's debt to equity ratio has reduced from 153.9% to 144.7% over the past 5 years.
Debt Coverage: SHA's debt is well covered by operating cash flow (20.9%).
Interest Coverage: SHA's interest payments on its debt are not well covered by EBIT (3x coverage).