Ackermans & Van Haaren Balance Sheet Health
Financial Health criteria checks 5/6
Ackermans & Van Haaren has a total shareholder equity of €6.5B and total debt of €1.9B, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are €19.7B and €13.2B respectively. Ackermans & Van Haaren's EBIT is €640.8M making its interest coverage ratio 4.3. It has cash and short-term investments of €1.7B.
Key information
28.6%
Debt to equity ratio
€1.86b
Debt
| Interest coverage ratio | 4.3x |
| Cash | €1.69b |
| Equity | €6.51b |
| Total liabilities | €13.19b |
| Total assets | €19.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GYM's short term assets (€7.3B) do not cover its short term liabilities (€10.4B).
Long Term Liabilities: 0GYM's short term assets (€7.3B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: 0GYM's net debt to equity ratio (2.5%) is considered satisfactory.
Reducing Debt: 0GYM's debt to equity ratio has reduced from 61.7% to 28.6% over the past 5 years.
Debt Coverage: 0GYM's debt is well covered by operating cash flow (53.9%).
Interest Coverage: 0GYM's interest payments on its debt are well covered by EBIT (4.3x coverage).