Heidelberg Materials Balance Sheet Health
Financial Health criteria checks 5/6
Heidelberg Materials has a total shareholder equity of €18.6B and total debt of €8.6B, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are €35.3B and €16.8B respectively. Heidelberg Materials's EBIT is €2.7B making its interest coverage ratio 19.2. It has cash and short-term investments of €1.8B.
Key information
46.6%
Debt to equity ratio
€8.64b
Debt
| Interest coverage ratio | 19.2x |
| Cash | €1.80b |
| Equity | €18.55b |
| Total liabilities | €16.80b |
| Total assets | €35.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEI's short term assets (€8.2B) exceed its short term liabilities (€7.4B).
Long Term Liabilities: HEI's short term assets (€8.2B) do not cover its long term liabilities (€9.4B).
Debt to Equity History and Analysis
Debt Level: HEI's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: HEI's debt to equity ratio has reduced from 65.3% to 46.6% over the past 5 years.
Debt Coverage: HEI's debt is well covered by operating cash flow (37.5%).
Interest Coverage: HEI's interest payments on its debt are well covered by EBIT (19.2x coverage).