MTU Aero Engines Balance Sheet Health
Financial Health criteria checks 5/6
MTU Aero Engines has a total shareholder equity of €2.9B and total debt of €1.1B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are €10.2B and €7.3B respectively.
Key information
38.8%
Debt to equity ratio
€1.14b
Debt
Interest coverage ratio | n/a |
Cash | €1.54b |
Equity | €2.93b |
Total liabilities | €7.27b |
Total assets | €10.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MTX's short term assets (€5.6B) exceed its short term liabilities (€5.0B).
Long Term Liabilities: MTX's short term assets (€5.6B) exceed its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: MTX has more cash than its total debt.
Reducing Debt: MTX's debt to equity ratio has reduced from 49.2% to 38.8% over the past 5 years.
Debt Coverage: MTX's debt is well covered by operating cash flow (68.3%).
Interest Coverage: Insufficient data to determine if MTX's interest payments on its debt are well covered by EBIT.