Einhell Germany Balance Sheet Health
Financial Health criteria checks 6/6
Einhell Germany has a total shareholder equity of €393.3M and total debt of €101.9M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are €849.6M and €456.2M respectively. Einhell Germany's EBIT is €85.6M making its interest coverage ratio 23.7. It has cash and short-term investments of €85.3M.
Key information
25.9%
Debt to equity ratio
€101.90m
Debt
| Interest coverage ratio | 23.7x |
| Cash | €85.26m |
| Equity | €393.33m |
| Total liabilities | €456.25m |
| Total assets | €849.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIN's short term assets (€685.3M) exceed its short term liabilities (€314.3M).
Long Term Liabilities: EIN's short term assets (€685.3M) exceed its long term liabilities (€142.0M).
Debt to Equity History and Analysis
Debt Level: EIN's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: EIN's debt to equity ratio has reduced from 29.4% to 25.9% over the past 5 years.
Debt Coverage: EIN's debt is well covered by operating cash flow (166.1%).
Interest Coverage: EIN's interest payments on its debt are well covered by EBIT (23.7x coverage).