Mercedes-Benz Group Balance Sheet Health
Financial Health criteria checks 4/6
Mercedes-Benz Group has a total shareholder equity of €90.8B and total debt of €109.6B, which brings its debt-to-equity ratio to 120.7%. Its total assets and total liabilities are €262.0B and €171.2B respectively. Mercedes-Benz Group's EBIT is €13.1B making its interest coverage ratio -23. It has cash and short-term investments of €18.1B.
Key information
120.7%
Debt to equity ratio
€109.62b
Debt
| Interest coverage ratio | -23x |
| Cash | €18.07b |
| Equity | €90.81b |
| Total liabilities | €171.21b |
| Total assets | €262.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBG's short term assets (€103.2B) exceed its short term liabilities (€75.7B).
Long Term Liabilities: MBG's short term assets (€103.2B) exceed its long term liabilities (€95.5B).
Debt to Equity History and Analysis
Debt Level: MBG's net debt to equity ratio (100.8%) is considered high.
Reducing Debt: MBG's debt to equity ratio has reduced from 254.5% to 120.7% over the past 5 years.
Debt Coverage: MBG's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: MBG earns more interest than it pays, so coverage of interest payments is not a concern.