SAP Balance Sheet Health
Financial Health criteria checks 6/6
SAP has a total shareholder equity of €45.8B and total debt of €11.4B, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are €74.1B and €28.3B respectively. SAP's EBIT is €8.2B making its interest coverage ratio -20.5. It has cash and short-term investments of €11.2B.
Key information
25.0%
Debt to equity ratio
€11.45b
Debt
| Interest coverage ratio | -20.5x |
| Cash | €11.24b |
| Equity | €45.81b |
| Total liabilities | €28.31b |
| Total assets | €74.12b |
Recent financial health updates
Recent updates
SAP (ETR:SAP) Has A Rock Solid Balance Sheet
Feb 20
SAP's (ETR:SAP) Soft Earnings Are Actually Better Than They Appear
Feb 04SAP SE Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Jan 30Returns On Capital At SAP (ETR:SAP) Have Hit The Brakes
Jan 21There's Reason For Concern Over SAP SE's (ETR:SAP) Price
Nov 25Is It Time To Consider Buying SAP SE (ETR:SAP)?
Nov 11SAP's (ETR:SAP) Soft Earnings Are Actually Better Than They Appear
Aug 02Most Shareholders Will Probably Find That The Compensation For SAP SE's (ETR:SAP) CEO Is Reasonable
May 09SAP's (ETR:SAP) Dividend Will Be Increased To €2.20
May 08SAP (ETR:SAP) Has Announced That It Will Be Increasing Its Dividend To €2.20
Apr 24Is Now An Opportune Moment To Examine SAP SE (ETR:SAP)?
Apr 23SAP (ETR:SAP) Has Announced That It Will Be Increasing Its Dividend To €2.20
Apr 09Return Trends At SAP (ETR:SAP) Aren't Appealing
Apr 08SAP's (ETR:SAP) Dividend Will Be Increased To €2.20
Mar 26SAP (ETR:SAP) Will Pay A Larger Dividend Than Last Year At €2.20
Mar 10Financial Position Analysis
Short Term Liabilities: SAP's short term assets (€21.4B) exceed its short term liabilities (€19.1B).
Long Term Liabilities: SAP's short term assets (€21.4B) exceed its long term liabilities (€9.2B).
Debt to Equity History and Analysis
Debt Level: SAP's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: SAP's debt to equity ratio has reduced from 44.2% to 25% over the past 5 years.
Debt Coverage: SAP's debt is well covered by operating cash flow (45.6%).
Interest Coverage: SAP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/21 19:40 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
SAP SE is covered by 84 analysts. 30 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luis Pereira | AlphaValue |
| Adam Shepherd | Arete Research Services LLP |
| Joseph Bonner | Argus Research Company |