Ackermans & Van Haaren Balance Sheet Health
Financial Health criteria checks 5/6
Ackermans & Van Haaren has a total shareholder equity of €6.4B and total debt of €2.0B, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are €19.0B and €12.6B respectively. Ackermans & Van Haaren's EBIT is €514.1M making its interest coverage ratio 4.5. It has cash and short-term investments of €1.6B.
Key information
30.6%
Debt to equity ratio
€1.95b
Debt
Interest coverage ratio | 4.5x |
Cash | €1.58b |
Equity | €6.38b |
Total liabilities | €12.64b |
Total assets | €19.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B3K's short term assets (€6.7B) do not cover its short term liabilities (€9.8B).
Long Term Liabilities: B3K's short term assets (€6.7B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: B3K's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: B3K's debt to equity ratio has reduced from 53.1% to 30.6% over the past 5 years.
Debt Coverage: B3K's debt is well covered by operating cash flow (33.4%).
Interest Coverage: B3K's interest payments on its debt are well covered by EBIT (4.5x coverage).