Fresenius Medical Care Balance Sheet Health
Financial Health criteria checks 4/6
Fresenius Medical Care has a total shareholder equity of €14.8B and total debt of €7.9B, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are €33.9B and €19.1B respectively. Fresenius Medical Care's EBIT is €1.5B making its interest coverage ratio 4.5. It has cash and short-term investments of €1.6B.
Key information
53.3%
Debt to equity ratio
€7.90b
Debt
Interest coverage ratio | 4.5x |
Cash | €1.56b |
Equity | €14.83b |
Total liabilities | €19.10b |
Total assets | €33.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FME's short term assets (€8.7B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: FME's short term assets (€8.7B) do not cover its long term liabilities (€13.0B).
Debt to Equity History and Analysis
Debt Level: FME's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: FME's debt to equity ratio has reduced from 58.5% to 53.3% over the past 5 years.
Debt Coverage: FME's debt is well covered by operating cash flow (33.3%).
Interest Coverage: FME's interest payments on its debt are well covered by EBIT (4.5x coverage).