Daimler Truck Holding Balance Sheet Health
Financial Health criteria checks 4/6
Daimler Truck Holding has a total shareholder equity of €22.0B and total debt of €29.3B, which brings its debt-to-equity ratio to 133.1%. Its total assets and total liabilities are €73.7B and €51.7B respectively. Daimler Truck Holding's EBIT is €5.2B making its interest coverage ratio -20. It has cash and short-term investments of €9.3B.
Key information
133.1%
Debt to equity ratio
€29.26b
Debt
| Interest coverage ratio | -20x |
| Cash | €9.26b |
| Equity | €21.98b |
| Total liabilities | €51.71b |
| Total assets | €73.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTGD's short term assets (€39.9B) exceed its short term liabilities (€24.4B).
Long Term Liabilities: DTGD's short term assets (€39.9B) exceed its long term liabilities (€27.3B).
Debt to Equity History and Analysis
Debt Level: DTGD's net debt to equity ratio (91%) is considered high.
Reducing Debt: DTGD's debt to equity ratio has reduced from 208% to 133.1% over the past 5 years.
Debt Coverage: DTGD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: DTGD earns more interest than it pays, so coverage of interest payments is not a concern.