Schaeffler Balance Sheet Health
Financial Health criteria checks 2/6
Schaeffler has a total shareholder equity of €3.9B and total debt of €5.5B, which brings its debt-to-equity ratio to 140.8%. Its total assets and total liabilities are €16.4B and €12.5B respectively. Schaeffler's EBIT is €1.0B making its interest coverage ratio 2.6. It has cash and short-term investments of €596.0M.
Key information
140.8%
Debt to equity ratio
€5.52b
Debt
| Interest coverage ratio | 2.6x |
| Cash | €596.00m |
| Equity | €3.92b |
| Total liabilities | €12.52b |
| Total assets | €16.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SHA0's short term assets (€7.3B) exceed its short term liabilities (€4.5B).
Long Term Liabilities: SHA0's short term assets (€7.3B) do not cover its long term liabilities (€8.0B).
Debt to Equity History and Analysis
Debt Level: SHA0's net debt to equity ratio (125.6%) is considered high.
Reducing Debt: SHA0's debt to equity ratio has increased from 136.2% to 140.8% over the past 5 years.
Debt Coverage: SHA0's debt is well covered by operating cash flow (22.6%).
Interest Coverage: SHA0's interest payments on its debt are not well covered by EBIT (2.6x coverage).