Nemetschek Balance Sheet Health
Financial Health criteria checks 6/6
Nemetschek has a total shareholder equity of €830.7M and total debt of €5.0M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are €1.4B and €548.2M respectively. Nemetschek's EBIT is €209.1M making its interest coverage ratio -166.1. It has cash and short-term investments of €339.5M.
Key information
0.6%
Debt to equity ratio
€5.02m
Debt
Interest coverage ratio | -166.1x |
Cash | €339.45m |
Equity | €830.75m |
Total liabilities | €548.20m |
Total assets | €1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEMD's short term assets (€515.7M) exceed its short term liabilities (€458.7M).
Long Term Liabilities: NEMD's short term assets (€515.7M) exceed its long term liabilities (€89.5M).
Debt to Equity History and Analysis
Debt Level: NEMD has more cash than its total debt.
Reducing Debt: NEMD's debt to equity ratio has reduced from 73.4% to 0.6% over the past 5 years.
Debt Coverage: NEMD's debt is well covered by operating cash flow (5230.5%).
Interest Coverage: NEMD earns more interest than it pays, so coverage of interest payments is not a concern.