Eckert & Ziegler Balance Sheet Health
Financial Health criteria checks 6/6
Eckert & Ziegler has a total shareholder equity of €237.0M and total debt of €25.1M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are €456.5M and €219.5M respectively. Eckert & Ziegler's EBIT is €50.7M making its interest coverage ratio 17. It has cash and short-term investments of €66.3M.
Key information
10.6%
Debt to equity ratio
€25.09m
Debt
Interest coverage ratio | 17x |
Cash | €66.27m |
Equity | €237.01m |
Total liabilities | €219.51m |
Total assets | €456.52m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EUZd's short term assets (€243.7M) exceed its short term liabilities (€88.3M).
Long Term Liabilities: EUZd's short term assets (€243.7M) exceed its long term liabilities (€131.2M).
Debt to Equity History and Analysis
Debt Level: EUZd has more cash than its total debt.
Reducing Debt: EUZd's debt to equity ratio has reduced from 14.9% to 10.6% over the past 5 years.
Debt Coverage: EUZd's debt is well covered by operating cash flow (151.3%).
Interest Coverage: EUZd's interest payments on its debt are well covered by EBIT (17x coverage).