Mercedes-Benz Group Balance Sheet Health
Financial Health criteria checks 4/6
Mercedes-Benz Group has a total shareholder equity of €96.8B and total debt of €108.0B, which brings its debt-to-equity ratio to 111.6%. Its total assets and total liabilities are €267.1B and €170.3B respectively. Mercedes-Benz Group's EBIT is €15.7B making its interest coverage ratio -28.9. It has cash and short-term investments of €20.8B.
Key information
111.6%
Debt to equity ratio
€108.02b
Debt
Interest coverage ratio | -28.9x |
Cash | €20.77b |
Equity | €96.83b |
Total liabilities | €170.32b |
Total assets | €267.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MBG's short term assets (€106.6B) exceed its short term liabilities (€78.9B).
Long Term Liabilities: MBG's short term assets (€106.6B) exceed its long term liabilities (€91.4B).
Debt to Equity History and Analysis
Debt Level: MBG's net debt to equity ratio (90.1%) is considered high.
Reducing Debt: MBG's debt to equity ratio has reduced from 228.3% to 111.6% over the past 5 years.
Debt Coverage: MBG's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: MBG earns more interest than it pays, so coverage of interest payments is not a concern.