Schaeffler Balance Sheet Health
Financial Health criteria checks 2/6
Schaeffler has a total shareholder equity of €3.7B and total debt of €5.6B, which brings its debt-to-equity ratio to 150.6%. Its total assets and total liabilities are €16.3B and €12.6B respectively. Schaeffler's EBIT is €955.0M making its interest coverage ratio 2.3. It has cash and short-term investments of €766.0M.
Key information
150.6%
Debt to equity ratio
€5.58b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €766.00m |
| Equity | €3.70b |
| Total liabilities | €12.63b |
| Total assets | €16.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHA0's short term assets (€7.2B) exceed its short term liabilities (€4.5B).
Long Term Liabilities: SHA0's short term assets (€7.2B) do not cover its long term liabilities (€8.2B).
Debt to Equity History and Analysis
Debt Level: SHA0's net debt to equity ratio (129.9%) is considered high.
Reducing Debt: SHA0's debt to equity ratio has increased from 126.6% to 150.6% over the past 5 years.
Debt Coverage: SHA0's debt is well covered by operating cash flow (22.4%).
Interest Coverage: SHA0's interest payments on its debt are not well covered by EBIT (2.3x coverage).