Rheinmetall Balance Sheet Health
Financial Health criteria checks 5/6
Rheinmetall has a total shareholder equity of €3.6B and total debt of €1.6B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are €11.7B and €8.1B respectively. Rheinmetall's EBIT is €846.0M making its interest coverage ratio 10.3. It has cash and short-term investments of €887.0M.
Key information
45.0%
Debt to equity ratio
€1.64b
Debt
Interest coverage ratio | 10.3x |
Cash | €887.00m |
Equity | €3.64b |
Total liabilities | €8.06b |
Total assets | €11.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NI1's short term assets (€7.1B) exceed its short term liabilities (€5.5B).
Long Term Liabilities: 0NI1's short term assets (€7.1B) exceed its long term liabilities (€2.6B).
Debt to Equity History and Analysis
Debt Level: 0NI1's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: 0NI1's debt to equity ratio has increased from 31.5% to 45% over the past 5 years.
Debt Coverage: 0NI1's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 0NI1's interest payments on its debt are well covered by EBIT (10.3x coverage).