Heidelberg Materials Balance Sheet Health
Financial Health criteria checks 5/6
Heidelberg Materials has a total shareholder equity of €18.4B and total debt of €7.5B, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are €35.5B and €17.1B respectively. Heidelberg Materials's EBIT is €2.7B making its interest coverage ratio 20.7. It has cash and short-term investments of €3.3B.
Key information
41.0%
Debt to equity ratio
€7.53b
Debt
| Interest coverage ratio | 20.7x |
| Cash | €3.30b |
| Equity | €18.37b |
| Total liabilities | €17.10b |
| Total assets | €35.47b |
Recent financial health updates
Here's Why HeidelbergCement (ETR:HEI) Can Manage Its Debt Responsibly
Mar 22
HeidelbergCement (ETR:HEI) Has A Pretty Healthy Balance Sheet
Dec 21HeidelbergCement (ETR:HEI) Seems To Use Debt Quite Sensibly
Aug 19Here's Why HeidelbergCement (ETR:HEI) Has A Meaningful Debt Burden
Dec 17Recent updates
Heidelberg Materials' (ETR:HEI) Upcoming Dividend Will Be Larger Than Last Year's
Apr 25What Does Heidelberg Materials AG's (ETR:HEI) Share Price Indicate?
Apr 10Here's Why HeidelbergCement (ETR:HEI) Can Manage Its Debt Responsibly
Mar 22Returns At HeidelbergCement (ETR:HEI) Are On The Way Up
Feb 27When Should You Buy HeidelbergCement AG (ETR:HEI)?
Jan 10HeidelbergCement (ETR:HEI) Has A Pretty Healthy Balance Sheet
Dec 21HeidelbergCement (ETR:HEI) Is Looking To Continue Growing Its Returns On Capital
Nov 24Is It Too Late To Consider Buying HeidelbergCement AG (ETR:HEI)?
Oct 02HeidelbergCement (ETR:HEI) Seems To Use Debt Quite Sensibly
Aug 19Returns At HeidelbergCement (ETR:HEI) Appear To Be Weighed Down
Jul 29HeidelbergCement's (ETR:HEI) Returns Have Hit A Wall
Apr 15Do Institutions Own HeidelbergCement AG (ETR:HEI) Shares?
Feb 25Reflecting on HeidelbergCement's (ETR:HEI) Share Price Returns Over The Last Three Years
Jan 21Here's Why HeidelbergCement (ETR:HEI) Has A Meaningful Debt Burden
Dec 17What Percentage Of HeidelbergCement AG (ETR:HEI) Shares Do Insiders Own?
Nov 20Is It Worth Buying HeidelbergCement AG (ETR:HEI) For Its 1.2% Dividend Yield?
Jul 25
HeidelbergCement AG's (ETR:HEI) Sentiment Matching Earnings
Jul 07Financial Position Analysis
Short Term Liabilities: HEI's short term assets (€8.8B) exceed its short term liabilities (€7.4B).
Long Term Liabilities: HEI's short term assets (€8.8B) do not cover its long term liabilities (€9.7B).
Debt to Equity History and Analysis
Debt Level: HEI's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: HEI's debt to equity ratio has reduced from 65.2% to 41% over the past 5 years.
Debt Coverage: HEI's debt is well covered by operating cash flow (42.6%).
Interest Coverage: HEI's interest payments on its debt are well covered by EBIT (20.7x coverage).