Salzgitter Balance Sheet Health
Financial Health criteria checks 4/6
Salzgitter has a total shareholder equity of €4.8B and total debt of €1.2B, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are €10.5B and €5.7B respectively. Salzgitter's EBIT is €45.4M making its interest coverage ratio 0.9. It has cash and short-term investments of €939.7M.
Key information
24.0%
Debt to equity ratio
€1.16b
Debt
| Interest coverage ratio | 0.9x |
| Cash | €939.70m |
| Equity | €4.83b |
| Total liabilities | €5.67b |
| Total assets | €10.50b |
Recent financial health updates
Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?
Dec 14
Salzgitter (ETR:SZG) Seems To Be Using A Lot Of Debt
Sep 11Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Jun 11Here's Why Salzgitter (ETR:SZG) Has A Meaningful Debt Burden
Mar 04Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Sep 24We Think Salzgitter (ETR:SZG) Is Taking Some Risk With Its Debt
Mar 28Recent updates
Investors Can Find Comfort In Salzgitter's (ETR:SZG) Earnings Quality
Mar 23Analysts Have Made A Financial Statement On Salzgitter AG's (ETR:SZG) Annual Report
Mar 20Is There An Opportunity With Salzgitter AG's (ETR:SZG) 22% Undervaluation?
Feb 21Salzgitter AG's (ETR:SZG) Earnings Are Not Doing Enough For Some Investors
Jan 30Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?
Dec 14There Are Reasons To Feel Uneasy About Salzgitter's (ETR:SZG) Returns On Capital
Oct 06Salzgitter (ETR:SZG) Seems To Be Using A Lot Of Debt
Sep 11Salzgitter (ETR:SZG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 03Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Jun 11Party Time: Brokers Just Made Major Increases To Their Salzgitter AG (ETR:SZG) Earnings Forecasts
Apr 01There's Been No Shortage Of Growth Recently For Salzgitter's (ETR:SZG) Returns On Capital
Mar 25Here's Why Salzgitter (ETR:SZG) Has A Meaningful Debt Burden
Mar 04Here's Why We Think Salzgitter (ETR:SZG) Is Well Worth Watching
Feb 12Salzgitter (ETR:SZG) Is Experiencing Growth In Returns On Capital
Dec 09Here's Why We Think Salzgitter (ETR:SZG) Might Deserve Your Attention Today
Nov 03Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Sep 24There's Been No Shortage Of Growth Recently For Salzgitter's (ETR:SZG) Returns On Capital
Aug 10Salzgitter AG (ETR:SZG) Analysts Just Trimmed Their Revenue Forecasts By 10%
Jun 18Investors Will Want Salzgitter's (ETR:SZG) Growth In ROCE To Persist
Apr 28We Think Salzgitter (ETR:SZG) Is Taking Some Risk With Its Debt
Mar 28Returns At Salzgitter (ETR:SZG) Are On The Way Up
Jan 06We Think Salzgitter (ETR:SZG) Is Taking Some Risk With Its Debt
Dec 08Salzgitter AG's (ETR:SZG) Intrinsic Value Is Potentially 80% Above Its Share Price
Sep 15Robust Earnings May Not Tell The Whole Story For Salzgitter (ETR:SZG)
Aug 18Does Salzgitter (ETR:SZG) Have A Healthy Balance Sheet?
Jul 13Health Check: How Prudently Does Salzgitter (ETR:SZG) Use Debt?
Mar 24Salzgitter (ETR:SZG) Shareholders Have Enjoyed A 70% Share Price Gain
Feb 26Estimating The Fair Value Of Salzgitter AG (ETR:SZG)
Feb 05
Something To Consider Before Buying Salzgitter AG (ETR:SZG) For The 0.9% Dividend
Jan 13Is Salzgitter (ETR:SZG) Weighed On By Its Debt Load?
Dec 16Financial Position Analysis
Short Term Liabilities: SZG's short term assets (€5.9B) exceed its short term liabilities (€3.3B).
Long Term Liabilities: SZG's short term assets (€5.9B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: SZG's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: SZG's debt to equity ratio has increased from 20.7% to 24% over the past 5 years.
Debt Coverage: SZG's debt is well covered by operating cash flow (76.9%).
Interest Coverage: SZG's interest payments on its debt are not well covered by EBIT (0.9x coverage).