Fresenius Medical Care Balance Sheet Health
Financial Health criteria checks 4/6
Fresenius Medical Care has a total shareholder equity of €15.1B and total debt of €7.9B, which brings its debt-to-equity ratio to 52.5%. Its total assets and total liabilities are €34.3B and €19.2B respectively. Fresenius Medical Care's EBIT is €1.6B making its interest coverage ratio 4.6. It has cash and short-term investments of €1.1B.
Key information
52.5%
Debt to equity ratio
€7.95b
Debt
Interest coverage ratio | 4.6x |
Cash | €1.15b |
Equity | €15.13b |
Total liabilities | €19.20b |
Total assets | €34.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1FME's short term assets (€9.3B) exceed its short term liabilities (€6.2B).
Long Term Liabilities: 1FME's short term assets (€9.3B) do not cover its long term liabilities (€13.0B).
Debt to Equity History and Analysis
Debt Level: 1FME's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: 1FME's debt to equity ratio has reduced from 65.8% to 52.5% over the past 5 years.
Debt Coverage: 1FME's debt is well covered by operating cash flow (32.9%).
Interest Coverage: 1FME's interest payments on its debt are well covered by EBIT (4.6x coverage).