AMAG Austria Metall Balance Sheet Health
Financial Health criteria checks 5/6
AMAG Austria Metall has a total shareholder equity of €768.5M and total debt of €535.0M, which brings its debt-to-equity ratio to 69.6%. Its total assets and total liabilities are €1.6B and €868.1M respectively. AMAG Austria Metall's EBIT is €73.0M making its interest coverage ratio 6.1. It has cash and short-term investments of €178.2M.
Key information
69.6%
Debt to equity ratio
€535.00m
Debt
Interest coverage ratio | 6.1x |
Cash | €178.20m |
Equity | €768.50m |
Total liabilities | €868.10m |
Total assets | €1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AM8's short term assets (€862.9M) exceed its short term liabilities (€286.8M).
Long Term Liabilities: AM8's short term assets (€862.9M) exceed its long term liabilities (€581.3M).
Debt to Equity History and Analysis
Debt Level: AM8's net debt to equity ratio (46.4%) is considered high.
Reducing Debt: AM8's debt to equity ratio has reduced from 115.9% to 69.6% over the past 5 years.
Debt Coverage: AM8's debt is well covered by operating cash flow (33.8%).
Interest Coverage: AM8's interest payments on its debt are well covered by EBIT (6.1x coverage).