Palfinger Balance Sheet Health
Financial Health criteria checks 4/6
Palfinger has a total shareholder equity of €739.2M and total debt of €806.7M, which brings its debt-to-equity ratio to 109.1%. Its total assets and total liabilities are €2.2B and €1.4B respectively. Palfinger's EBIT is €203.2M making its interest coverage ratio 5.5. It has cash and short-term investments of €99.0M.
Key information
109.1%
Debt to equity ratio
€806.70m
Debt
Interest coverage ratio | 5.5x |
Cash | €99.01m |
Equity | €739.19m |
Total liabilities | €1.44b |
Total assets | €2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MJ1's short term assets (€1.2B) exceed its short term liabilities (€618.8M).
Long Term Liabilities: 0MJ1's short term assets (€1.2B) exceed its long term liabilities (€820.9M).
Debt to Equity History and Analysis
Debt Level: 0MJ1's net debt to equity ratio (95.7%) is considered high.
Reducing Debt: 0MJ1's debt to equity ratio has increased from 104.4% to 109.1% over the past 5 years.
Debt Coverage: 0MJ1's debt is well covered by operating cash flow (23.1%).
Interest Coverage: 0MJ1's interest payments on its debt are well covered by EBIT (5.5x coverage).