AMAG Austria Metall Balance Sheet Health
Financial Health criteria checks 5/6
AMAG Austria Metall has a total shareholder equity of €752.0M and total debt of €661.5M, which brings its debt-to-equity ratio to 88%. Its total assets and total liabilities are €1.8B and €1.0B respectively. AMAG Austria Metall's EBIT is €66.7M making its interest coverage ratio 5.5. It has cash and short-term investments of €277.0M.
Key information
88.0%
Debt to equity ratio
€661.50m
Debt
| Interest coverage ratio | 5.5x |
| Cash | €277.00m |
| Equity | €752.00m |
| Total liabilities | €1.03b |
| Total assets | €1.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AM8's short term assets (€1.0B) exceed its short term liabilities (€403.0M).
Long Term Liabilities: AM8's short term assets (€1.0B) exceed its long term liabilities (€631.6M).
Debt to Equity History and Analysis
Debt Level: AM8's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: AM8's debt to equity ratio has reduced from 125.4% to 88% over the past 5 years.
Debt Coverage: AM8's debt is well covered by operating cash flow (20.1%).
Interest Coverage: AM8's interest payments on its debt are well covered by EBIT (5.5x coverage).