MTU Aero Engines Balance Sheet Health
Financial Health criteria checks 5/6
MTU Aero Engines has a total shareholder equity of €3.4B and total debt of €2.4B, which brings its debt-to-equity ratio to 71%. Its total assets and total liabilities are €11.8B and €8.5B respectively. MTU Aero Engines's EBIT is €875.0M making its interest coverage ratio 67.3. It has cash and short-term investments of €1.9B.
Key information
71.0%
Debt to equity ratio
€2.38b
Debt
| Interest coverage ratio | 67.3x |
| Cash | €1.91b |
| Equity | €3.35b |
| Total liabilities | €8.46b |
| Total assets | €11.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTX1's short term assets (€7.2B) exceed its short term liabilities (€5.7B).
Long Term Liabilities: MTX1's short term assets (€7.2B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: MTX1's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: MTX1's debt to equity ratio has increased from 54.8% to 71% over the past 5 years.
Debt Coverage: MTX1's debt is well covered by operating cash flow (34.5%).
Interest Coverage: MTX1's interest payments on its debt are well covered by EBIT (67.3x coverage).