Salzgitter Balance Sheet Health
Financial Health criteria checks 4/6
Salzgitter has a total shareholder equity of €5.0B and total debt of €1.6B, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are €11.2B and €6.2B respectively.
Key information
31.0%
Debt to equity ratio
€1.56b
Debt
| Interest coverage ratio | n/a |
| Cash | €1.15b |
| Equity | €5.02b |
| Total liabilities | €6.16b |
| Total assets | €11.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZGA's short term assets (€6.5B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: SZGA's short term assets (€6.5B) exceed its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: SZGA's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: SZGA's debt to equity ratio has increased from 22.1% to 31% over the past 5 years.
Debt Coverage: SZGA's debt is well covered by operating cash flow (73.1%).
Interest Coverage: Insufficient data to determine if SZGA's interest payments on its debt are well covered by EBIT.