Daimler Truck Holding Balance Sheet Health
Financial Health criteria checks 4/6
Daimler Truck Holding has a total shareholder equity of €22.0B and total debt of €29.7B, which brings its debt-to-equity ratio to 134.7%. Its total assets and total liabilities are €73.3B and €51.3B respectively. Daimler Truck Holding's EBIT is €5.0B making its interest coverage ratio -16.5. It has cash and short-term investments of €9.4B.
Key information
134.7%
Debt to equity ratio
€29.69b
Debt
| Interest coverage ratio | -16.5x |
| Cash | €9.38b |
| Equity | €22.03b |
| Total liabilities | €51.28b |
| Total assets | €73.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTG1's short term assets (€39.4B) exceed its short term liabilities (€24.5B).
Long Term Liabilities: DTG1's short term assets (€39.4B) exceed its long term liabilities (€26.7B).
Debt to Equity History and Analysis
Debt Level: DTG1's net debt to equity ratio (92.2%) is considered high.
Reducing Debt: DTG1's debt to equity ratio has reduced from 209.1% to 134.7% over the past 5 years.
Debt Coverage: DTG1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DTG1 earns more interest than it pays, so coverage of interest payments is not a concern.