Sixt Balance Sheet Health
Financial Health criteria checks 4/6
Sixt has a total shareholder equity of €2.0B and total debt of €3.9B, which brings its debt-to-equity ratio to 196.5%. Its total assets and total liabilities are €7.2B and €5.2B respectively. Sixt's EBIT is €516.4M making its interest coverage ratio 3.5. It has cash and short-term investments of €8.1M.
Key information
196.5%
Debt to equity ratio
€3.95b
Debt
| Interest coverage ratio | 3.5x |
| Cash | €8.12m |
| Equity | €2.01b |
| Total liabilities | €5.21b |
| Total assets | €7.22b |
Recent financial health updates
Is Sixt (ETR:SIX2) A Risky Investment?
Jul 30
Is Sixt (ETR:SIX2) A Risky Investment?
Feb 06Here's Why Sixt (ETR:SIX2) Is Weighed Down By Its Debt Load
Oct 03Here's Why Sixt (ETR:SIX2) Has A Meaningful Debt Burden
Jun 12Sixt (ETR:SIX2) Has A Pretty Healthy Balance Sheet
Feb 23Is Sixt (ETR:SIX2) A Risky Investment?
Sep 30Recent updates
Sixt SE (ETR:SIX2) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Nov 15Should You Think About Buying Sixt SE (ETR:SIX2) Now?
Nov 12Sixt (ETR:SIX2) Is Doing The Right Things To Multiply Its Share Price
Oct 29Take Care Before Diving Into The Deep End On Sixt SE (ETR:SIX2)
Oct 14Calculating The Fair Value Of Sixt SE (ETR:SIX2)
Aug 28Is Sixt (ETR:SIX2) A Risky Investment?
Jul 30€114: That's What Analysts Think Sixt SE (ETR:SIX2) Is Worth After Its Latest Results
May 10There Is A Reason Sixt SE's (ETR:SIX2) Price Is Undemanding
Apr 11Sixt SE's (ETR:SIX2) Intrinsic Value Is Potentially 20% Below Its Share Price
Mar 26Returns Are Gaining Momentum At Sixt (ETR:SIX2)
Feb 22Is Sixt (ETR:SIX2) A Risky Investment?
Feb 06What Is Sixt SE's (ETR:SIX2) Share Price Doing?
Jan 06Is Sixt SE (ETR:SIX2) Worth €98.1 Based On Its Intrinsic Value?
Dec 20There's Been No Shortage Of Growth Recently For Sixt's (ETR:SIX2) Returns On Capital
Nov 03Here's Why Sixt (ETR:SIX2) Is Weighed Down By Its Debt Load
Oct 03Is Sixt SE (ETR:SIX2) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 15Returns On Capital Are Showing Encouraging Signs At Sixt (ETR:SIX2)
Jul 25Here's Why Sixt (ETR:SIX2) Has A Meaningful Debt Burden
Jun 12There's Been No Shortage Of Growth Recently For Sixt's (ETR:SIX2) Returns On Capital
Apr 06Sixt (ETR:SIX2) Has A Pretty Healthy Balance Sheet
Feb 23Is There Now An Opportunity In Sixt SE (ETR:SIX2)?
Jan 14We Like These Underlying Return On Capital Trends At Sixt (ETR:SIX2)
Dec 27Is Sixt (ETR:SIX2) A Risky Investment?
Sep 30Sixt (ETR:SIX2) Is Experiencing Growth In Returns On Capital
Jul 26Is Sixt (ETR:SIX2) Using Too Much Debt?
Jun 12Sixt (ETR:SIX2) Is Experiencing Growth In Returns On Capital
Apr 12Sixt (ETR:SIX2) Has A Pretty Healthy Balance Sheet
Feb 28Sixt (ETR:SIX2) Has More To Do To Multiply In Value Going Forward
Dec 28Capital Allocation Trends At Sixt (ETR:SIX2) Aren't Ideal
Sep 12Why Sixt's (ETR:SIX2) Earnings Are Better Than They Seem
Aug 19Sixt (ETR:SIX2) Is Making Moderate Use Of Debt
Aug 11Financial Position Analysis
Short Term Liabilities: SIX2's short term assets (€6.2B) exceed its short term liabilities (€2.7B).
Long Term Liabilities: SIX2's short term assets (€6.2B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: SIX2's net debt to equity ratio (196.1%) is considered high.
Reducing Debt: SIX2's debt to equity ratio has reduced from 235% to 196.5% over the past 5 years.
Debt Coverage: SIX2's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: SIX2's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 12:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Sixt SE is covered by 20 analysts. 9 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 |
|---|---|
| Christian Obst | Baader Helvea Equity Research |
| Christian Weiz | Baader Helvea Equity Research |
| Yasmin Steilen | Berenberg |