Salzgitter Balance Sheet Health
Financial Health criteria checks 4/6
Salzgitter has a total shareholder equity of €4.8B and total debt of €1.2B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are €10.6B and €5.8B respectively.
Key information
24.8%
Debt to equity ratio
€1.20b
Debt
Interest coverage ratio | n/a |
Cash | €740.50m |
Equity | €4.84b |
Total liabilities | €5.77b |
Total assets | €10.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G77's short term assets (€6.0B) exceed its short term liabilities (€3.4B).
Long Term Liabilities: 0G77's short term assets (€6.0B) exceed its long term liabilities (€2.3B).
Debt to Equity History and Analysis
Debt Level: 0G77's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 0G77's debt to equity ratio has increased from 19.8% to 24.8% over the past 5 years.
Debt Coverage: 0G77's debt is well covered by operating cash flow (48.7%).
Interest Coverage: Insufficient data to determine if 0G77's interest payments on its debt are well covered by EBIT.