Schaltbau Holding Balance Sheet Health
Financial Health criteria checks 3/6
Schaltbau Holding has a total shareholder equity of €168.0M and total debt of €123.7M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are €509.9M and €341.9M respectively. Schaltbau Holding's EBIT is €28.2M making its interest coverage ratio 2.7. It has cash and short-term investments of €19.9M.
Key information
73.6%
Debt to equity ratio
€123.67m
Debt
| Interest coverage ratio | 2.7x |
| Cash | €19.94m |
| Equity | €167.96m |
| Total liabilities | €341.93m |
| Total assets | €509.88m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SLT's short term assets (€260.6M) exceed its short term liabilities (€169.8M).
Long Term Liabilities: SLT's short term assets (€260.6M) exceed its long term liabilities (€172.1M).
Debt to Equity History and Analysis
Debt Level: SLT's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: SLT's debt to equity ratio has reduced from 129.3% to 73.6% over the past 5 years.
Debt Coverage: SLT's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: SLT's interest payments on its debt are not well covered by EBIT (2.7x coverage).