SGL Carbon Balance Sheet Health
Financial Health criteria checks 6/6
SGL Carbon has a total shareholder equity of €614.9M and total debt of €282.8M, which brings its debt-to-equity ratio to 46%. Its total assets and total liabilities are €1.5B and €857.7M respectively. SGL Carbon's EBIT is €84.3M making its interest coverage ratio 3.6. It has cash and short-term investments of €199.4M.
Key information
46.0%
Debt to equity ratio
€282.80m
Debt
Interest coverage ratio | 3.6x |
Cash | €199.40m |
Equity | €614.90m |
Total liabilities | €857.70m |
Total assets | €1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGL's short term assets (€757.0M) exceed its short term liabilities (€274.4M).
Long Term Liabilities: SGL's short term assets (€757.0M) exceed its long term liabilities (€583.3M).
Debt to Equity History and Analysis
Debt Level: SGL's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: SGL's debt to equity ratio has reduced from 73.5% to 46% over the past 5 years.
Debt Coverage: SGL's debt is well covered by operating cash flow (57.9%).
Interest Coverage: SGL's interest payments on its debt are well covered by EBIT (3.6x coverage).