Daimler Truck Holding Balance Sheet Health
Financial Health criteria checks 4/6
Daimler Truck Holding has a total shareholder equity of €23.1B and total debt of €27.1B, which brings its debt-to-equity ratio to 117.3%. Its total assets and total liabilities are €73.6B and €50.5B respectively. Daimler Truck Holding's EBIT is €5.4B making its interest coverage ratio -26.4. It has cash and short-term investments of €9.6B.
Key information
117.3%
Debt to equity ratio
€27.10b
Debt
Interest coverage ratio | -26.4x |
Cash | €9.58b |
Equity | €23.09b |
Total liabilities | €50.54b |
Total assets | €73.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTGD's short term assets (€39.6B) exceed its short term liabilities (€24.5B).
Long Term Liabilities: DTGD's short term assets (€39.6B) exceed its long term liabilities (€26.1B).
Debt to Equity History and Analysis
Debt Level: DTGD's net debt to equity ratio (75.9%) is considered high.
Reducing Debt: DTGD's debt to equity ratio has reduced from 206.8% to 117.3% over the past 5 years.
Debt Coverage: DTGD's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: DTGD earns more interest than it pays, so coverage of interest payments is not a concern.