Andritz Balance Sheet Health
Financial Health criteria checks 6/6
Andritz has a total shareholder equity of €2.1B and total debt of €566.6M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are €8.1B and €6.0B respectively. Andritz's EBIT is €654.5M making its interest coverage ratio -17.6. It has cash and short-term investments of €1.5B.
Key information
26.4%
Debt to equity ratio
€566.60m
Debt
| Interest coverage ratio | -17.6x |
| Cash | €1.49b |
| Equity | €2.15b |
| Total liabilities | €5.97b |
| Total assets | €8.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AZ2's short term assets (€5.4B) exceed its short term liabilities (€4.6B).
Long Term Liabilities: AZ2's short term assets (€5.4B) exceed its long term liabilities (€1.4B).
Debt to Equity History and Analysis
Debt Level: AZ2 has more cash than its total debt.
Reducing Debt: AZ2's debt to equity ratio has reduced from 144.2% to 26.4% over the past 5 years.
Debt Coverage: AZ2's debt is well covered by operating cash flow (134.6%).
Interest Coverage: AZ2 earns more interest than it pays, so coverage of interest payments is not a concern.