Ringmetall Balance Sheet Health
Financial Health criteria checks 6/6
Ringmetall has a total shareholder equity of €79.2M and total debt of €22.8M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are €132.0M and €52.8M respectively. Ringmetall's EBIT is €11.2M making its interest coverage ratio 7.9. It has cash and short-term investments of €6.8M.
Key information
28.7%
Debt to equity ratio
€22.77m
Debt
| Interest coverage ratio | 7.9x |
| Cash | €6.78m |
| Equity | €79.22m |
| Total liabilities | €52.77m |
| Total assets | €131.98m |
Recent financial health updates
These 4 Measures Indicate That Ringmetall (ETR:HP3A) Is Using Debt Safely
May 20
Ringmetall (ETR:HP3A) Has A Rock Solid Balance Sheet
Oct 19Recent updates
There May Be Some Bright Spots In Ringmetall's (ETR:HP3A) Earnings
May 06Ringmetall (ETR:HP3A) Shareholders Will Want The ROCE Trajectory To Continue
Mar 27Ringmetall (ETR:HP3A) Is Paying Out A Larger Dividend Than Last Year
May 14Ringmetall (ETR:HP3A) May Have Issues Allocating Its Capital
Jan 17Ringmetall SE (ETR:HP3A) Shares Could Be 36% Below Their Intrinsic Value Estimate
Dec 16Be Wary Of Ringmetall (ETR:HP3A) And Its Returns On Capital
Sep 26Ringmetall (ETR:HP3A) Looks To Prolong Its Impressive Returns
Jun 15These 4 Measures Indicate That Ringmetall (ETR:HP3A) Is Using Debt Safely
May 20Ringmetall (ETR:HP3A) Has A Rock Solid Balance Sheet
Oct 19Ringmetall (ETR:HP3A) Shareholders Will Want The ROCE Trajectory To Continue
Aug 18This Just In: Analysts Are Boosting Their Ringmetall SE (ETR:HP3A) Outlook for This Year
Aug 18Are Investors Undervaluing Ringmetall AG (ETR:HP3) By 47%?
Jul 20Ringmetall (ETR:HP3) Could Be Struggling To Allocate Capital
May 04Is Ringmetall AG (ETR:HP3) A Great Dividend Stock?
Mar 16Ringmetall AG's (ETR:HP3) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Feb 11Did Ringmetall's (ETR:HP3) Share Price Deserve to Gain 54%?
Jan 27
We're Watching These Trends At Ringmetall (ETR:HP3)
Jan 12A Look At The Fair Value Of Ringmetall AG (ETR:HP3)
Dec 28Is Ringmetall AG (ETR:HP3) An Attractive Dividend Stock?
Dec 15Here's What We Think About Ringmetall's (ETR:HP3) CEO Pay
Dec 03Are Ringmetall's (ETR:HP3) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 22Financial Position Analysis
Short Term Liabilities: HP3A's short term assets (€53.2M) exceed its short term liabilities (€30.1M).
Long Term Liabilities: HP3A's short term assets (€53.2M) exceed its long term liabilities (€22.7M).
Debt to Equity History and Analysis
Debt Level: HP3A's net debt to equity ratio (20.2%) is considered satisfactory.
Reducing Debt: HP3A's debt to equity ratio has reduced from 33.6% to 28.7% over the past 5 years.
Debt Coverage: HP3A's debt is well covered by operating cash flow (97.2%).
Interest Coverage: HP3A's interest payments on its debt are well covered by EBIT (7.9x coverage).