Drägerwerk KGaA Balance Sheet Health
Financial Health criteria checks 3/6
Drägerwerk KGaA has a total shareholder equity of €1.3B and total debt of €398.7M, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are €3.0B and €1.7B respectively.
Key information
29.9%
Debt to equity ratio
€398.75m
Debt
| Interest coverage ratio | n/a |
| Cash | €219.60m |
| Equity | €1.33b |
| Total liabilities | €1.68b |
| Total assets | €3.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DRW3D's short term assets (€1.8B) exceed its short term liabilities (€1.0B).
Long Term Liabilities: DRW3D's short term assets (€1.8B) exceed its long term liabilities (€655.8M).
Debt to Equity History and Analysis
Debt Level: DRW3D's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: DRW3D's debt to equity ratio has increased from 22.2% to 29.9% over the past 5 years.
Debt Coverage: DRW3D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if DRW3D's interest payments on its debt are well covered by EBIT.