Drägerwerk AG & Co. KGaA

XTRA:DRW3 Stock Report

Market Cap: €873.0m

Drägerwerk KGaA Balance Sheet Health

Financial Health criteria checks 5/6

Drägerwerk KGaA has a total shareholder equity of €1.4B and total debt of €342.7M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are €3.0B and €1.6B respectively. Drägerwerk KGaA's EBIT is €174.5M making its interest coverage ratio 10. It has cash and short-term investments of €190.7M.

Key information

23.8%

Debt to equity ratio

€342.68m

Debt

Interest coverage ratio10x
Cash€190.74m
Equity€1.44b
Total liabilities€1.59b
Total assets€3.03b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: DRW3's short term assets (€1.8B) exceed its short term liabilities (€964.8M).

Long Term Liabilities: DRW3's short term assets (€1.8B) exceed its long term liabilities (€624.4M).


Debt to Equity History and Analysis

Debt Level: DRW3's net debt to equity ratio (10.5%) is considered satisfactory.

Reducing Debt: DRW3's debt to equity ratio has increased from 22.1% to 23.8% over the past 5 years.

Debt Coverage: DRW3's debt is well covered by operating cash flow (55.9%).

Interest Coverage: DRW3's interest payments on its debt are well covered by EBIT (10x coverage).


Balance Sheet


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