Palfinger Balance Sheet Health
Financial Health criteria checks 3/6
Palfinger has a total shareholder equity of €674.7M and total debt of €787.7M, which brings its debt-to-equity ratio to 116.8%. Its total assets and total liabilities are €2.0B and €1.4B respectively. Palfinger's EBIT is €174.3M making its interest coverage ratio 8. It has cash and short-term investments of €51.3M.
Key information
116.8%
Debt to equity ratio
€787.68m
Debt
Interest coverage ratio | 8x |
Cash | €51.30m |
Equity | €674.66m |
Total liabilities | €1.36b |
Total assets | €2.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PALV's short term assets (€1.1B) exceed its short term liabilities (€702.6M).
Long Term Liabilities: PALV's short term assets (€1.1B) exceed its long term liabilities (€661.7M).
Debt to Equity History and Analysis
Debt Level: PALV's net debt to equity ratio (109.1%) is considered high.
Reducing Debt: PALV's debt to equity ratio has increased from 96.9% to 116.8% over the past 5 years.
Debt Coverage: PALV's debt is not well covered by operating cash flow (10.8%).
Interest Coverage: PALV's interest payments on its debt are well covered by EBIT (8x coverage).