Hapag-Lloyd Balance Sheet Health
Financial Health criteria checks 6/6
Hapag-Lloyd has a total shareholder equity of €18.6B and total debt of €2.7B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are €30.1B and €11.5B respectively. Hapag-Lloyd's EBIT is €1.6B making its interest coverage ratio 36.5. It has cash and short-term investments of €4.6B.
Key information
14.3%
Debt to equity ratio
€2.66b
Debt
| Interest coverage ratio | 36.5x |
| Cash | €4.61b |
| Equity | €18.64b |
| Total liabilities | €11.49b |
| Total assets | €30.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLAG's short term assets (€10.0B) exceed its short term liabilities (€6.5B).
Long Term Liabilities: HLAG's short term assets (€10.0B) exceed its long term liabilities (€5.0B).
Debt to Equity History and Analysis
Debt Level: HLAG has more cash than its total debt.
Reducing Debt: HLAG's debt to equity ratio has reduced from 81.8% to 14.3% over the past 5 years.
Debt Coverage: HLAG's debt is well covered by operating cash flow (120.9%).
Interest Coverage: HLAG's interest payments on its debt are well covered by EBIT (36.5x coverage).