Palfinger Balance Sheet Health
Financial Health criteria checks 4/6
Palfinger has a total shareholder equity of €746.6M and total debt of €824.5M, which brings its debt-to-equity ratio to 110.4%. Its total assets and total liabilities are €2.1B and €1.4B respectively. Palfinger's EBIT is €187.8M making its interest coverage ratio 4.4. It has cash and short-term investments of €55.1M.
Key information
110.4%
Debt to equity ratio
€824.45m
Debt
| Interest coverage ratio | 4.4x |
| Cash | €55.05m |
| Equity | €746.61m |
| Total liabilities | €1.39b |
| Total assets | €2.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MJ1's short term assets (€1.1B) exceed its short term liabilities (€583.4M).
Long Term Liabilities: 0MJ1's short term assets (€1.1B) exceed its long term liabilities (€803.9M).
Debt to Equity History and Analysis
Debt Level: 0MJ1's net debt to equity ratio (103.1%) is considered high.
Reducing Debt: 0MJ1's debt to equity ratio has increased from 105.4% to 110.4% over the past 5 years.
Debt Coverage: 0MJ1's debt is well covered by operating cash flow (24.9%).
Interest Coverage: 0MJ1's interest payments on its debt are well covered by EBIT (4.4x coverage).