Wacker Neuson Balance Sheet Health
Financial Health criteria checks 6/6
Wacker Neuson has a total shareholder equity of €1.5B and total debt of €416.5M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are €2.6B and €1.1B respectively. Wacker Neuson's EBIT is €100.1M making its interest coverage ratio 4.4. It has cash and short-term investments of €26.8M.
Key information
28.1%
Debt to equity ratio
€416.50m
Debt
| Interest coverage ratio | 4.4x |
| Cash | €26.80m |
| Equity | €1.48b |
| Total liabilities | €1.08b |
| Total assets | €2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAC's short term assets (€1.1B) exceed its short term liabilities (€650.5M).
Long Term Liabilities: WAC's short term assets (€1.1B) exceed its long term liabilities (€429.6M).
Debt to Equity History and Analysis
Debt Level: WAC's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: WAC's debt to equity ratio has reduced from 44.1% to 28.1% over the past 5 years.
Debt Coverage: WAC's debt is well covered by operating cash flow (58.2%).
Interest Coverage: WAC's interest payments on its debt are well covered by EBIT (4.4x coverage).