Hapag-Lloyd Balance Sheet Health
Financial Health criteria checks 6/6
Hapag-Lloyd has a total shareholder equity of €18.8B and total debt of €2.8B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are €29.0B and €10.2B respectively. Hapag-Lloyd's EBIT is €2.5B making its interest coverage ratio -12.1. It has cash and short-term investments of €7.7B.
Key information
14.8%
Debt to equity ratio
€2.77b
Debt
Interest coverage ratio | -12.1x |
Cash | €7.65b |
Equity | €18.77b |
Total liabilities | €10.25b |
Total assets | €29.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLAG's short term assets (€10.2B) exceed its short term liabilities (€5.9B).
Long Term Liabilities: HLAG's short term assets (€10.2B) exceed its long term liabilities (€4.3B).
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 94.6% to 14.8% over the past 5 years.
Debt Coverage: HLAG's debt is well covered by operating cash flow (179.3%).
Interest Coverage: HLAG earns more interest than it pays, so coverage of interest payments is not a concern.