Hapag-Lloyd Balance Sheet Health
Financial Health criteria checks 6/6
Hapag-Lloyd has a total shareholder equity of €19.5B and total debt of €2.8B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are €30.3B and €10.8B respectively. Hapag-Lloyd's EBIT is €1.2B making its interest coverage ratio -12.4. It has cash and short-term investments of €5.8B.
Key information
14.5%
Debt to equity ratio
€2.83b
Debt
| Interest coverage ratio | -12.4x |
| Cash | €5.83b |
| Equity | €19.53b |
| Total liabilities | €10.79b |
| Total assets | €30.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLAGD's short term assets (€10.8B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: HLAGD's short term assets (€10.8B) exceed its long term liabilities (€4.7B).
Debt to Equity History and Analysis
Debt Level: HLAGD has more cash than its total debt.
Reducing Debt: HLAGD's debt to equity ratio has reduced from 89.8% to 14.5% over the past 5 years.
Debt Coverage: HLAGD's debt is well covered by operating cash flow (104.7%).
Interest Coverage: HLAGD earns more interest than it pays, so coverage of interest payments is not a concern.