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).