Drägerwerk KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Drägerwerk KGaA has a total shareholder equity of €1.4B and total debt of €295.0M, which brings its debt-to-equity ratio to 20.5%. Its total assets and total liabilities are €3.0B and €1.6B respectively. Drägerwerk KGaA's EBIT is €169.6M making its interest coverage ratio 11.3. It has cash and short-term investments of €179.8M.
Key information
20.5%
Debt to equity ratio
€295.03m
Debt
| Interest coverage ratio | 11.3x |
| Cash | €179.80m |
| Equity | €1.44b |
| Total liabilities | €1.57b |
| Total assets | €3.01b |
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 (€948.4M).
Long Term Liabilities: DRW3's short term assets (€1.8B) exceed its long term liabilities (€622.7M).
Debt to Equity History and Analysis
Debt Level: DRW3's net debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: DRW3's debt to equity ratio has reduced from 21.2% to 20.5% over the past 5 years.
Debt Coverage: DRW3's debt is well covered by operating cash flow (67.8%).
Interest Coverage: DRW3's interest payments on its debt are well covered by EBIT (11.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 01:45 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Drägerwerk AG & Co. KGaA is covered by 26 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| LESLIE ILTGEN | Bankhaus Lampe KG |
| Scott Bardo | Berenberg |
| Olivier Reinberg | CA Cheuvreux |