Daimler Truck Holding Balance Sheet Health
Financial Health criteria checks 4/6
Daimler Truck Holding has a total shareholder equity of €22.2B and total debt of €25.7B, which brings its debt-to-equity ratio to 115.8%. Its total assets and total liabilities are €71.2B and €49.0B respectively. Daimler Truck Holding's EBIT is €5.4B making its interest coverage ratio -27.3. It has cash and short-term investments of €8.5B.
Key information
115.8%
Debt to equity ratio
€25.73b
Debt
Interest coverage ratio | -27.3x |
Cash | €8.50b |
Equity | €22.23b |
Total liabilities | €48.99b |
Total assets | €71.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTG N's short term assets (€37.6B) exceed its short term liabilities (€22.8B).
Long Term Liabilities: DTG N's short term assets (€37.6B) exceed its long term liabilities (€26.2B).
Debt to Equity History and Analysis
Debt Level: DTG N's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: DTG N's debt to equity ratio has reduced from 205.6% to 115.8% over the past 5 years.
Debt Coverage: DTG N's debt is not well covered by operating cash flow (1.5%).
Interest Coverage: DTG N earns more interest than it pays, so coverage of interest payments is not a concern.