Salzgitter Balance Sheet Health
Financial Health criteria checks 4/6
Salzgitter has a total shareholder equity of €4.6B and total debt of €1.5B, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are €10.5B and €6.0B respectively.
Key information
32.4%
Debt to equity ratio
€1.48b
Debt
| Interest coverage ratio | n/a |
| Cash | €581.60m |
| Equity | €4.56b |
| Total liabilities | €5.98b |
| Total assets | €10.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SZGD's short term assets (€5.8B) exceed its short term liabilities (€3.5B).
Long Term Liabilities: SZGD's short term assets (€5.8B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: SZGD's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: SZGD's debt to equity ratio has reduced from 32.8% to 32.4% over the past 5 years.
Debt Coverage: SZGD's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: Insufficient data to determine if SZGD's interest payments on its debt are well covered by EBIT.