Einhell Germany Balance Sheet Health
Financial Health criteria checks 5/6
Einhell Germany has a total shareholder equity of €354.9M and total debt of €109.1M, which brings its debt-to-equity ratio to 30.7%. Its total assets and total liabilities are €810.1M and €455.1M respectively. Einhell Germany's EBIT is €80.8M making its interest coverage ratio 17.7. It has cash and short-term investments of €99.4M.
Key information
30.7%
Debt to equity ratio
€109.08m
Debt
Interest coverage ratio | 17.7x |
Cash | €99.45m |
Equity | €354.95m |
Total liabilities | €455.12m |
Total assets | €810.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EIN3's short term assets (€648.9M) exceed its short term liabilities (€296.5M).
Long Term Liabilities: EIN3's short term assets (€648.9M) exceed its long term liabilities (€158.6M).
Debt to Equity History and Analysis
Debt Level: EIN3's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: EIN3's debt to equity ratio has increased from 23.9% to 30.7% over the past 5 years.
Debt Coverage: EIN3's debt is well covered by operating cash flow (194.1%).
Interest Coverage: EIN3's interest payments on its debt are well covered by EBIT (17.7x coverage).