Traton Balance Sheet Health
Financial Health criteria checks 2/6
Traton has a total shareholder equity of €17.1B and total debt of €23.1B, which brings its debt-to-equity ratio to 135.5%. Its total assets and total liabilities are €64.2B and €47.1B respectively. Traton's EBIT is €4.4B making its interest coverage ratio 7.9. It has cash and short-term investments of €2.9B.
Key information
135.5%
Debt to equity ratio
€23.14b
Debt
Interest coverage ratio | 7.9x |
Cash | €2.93b |
Equity | €17.08b |
Total liabilities | €47.13b |
Total assets | €64.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8TRA's short term assets (€23.5B) exceed its short term liabilities (€23.4B).
Long Term Liabilities: 8TRA's short term assets (€23.5B) do not cover its long term liabilities (€23.8B).
Debt to Equity History and Analysis
Debt Level: 8TRA's net debt to equity ratio (118.3%) is considered high.
Reducing Debt: 8TRA's debt to equity ratio has increased from 79.4% to 135.5% over the past 5 years.
Debt Coverage: 8TRA's debt is not well covered by operating cash flow (11.2%).
Interest Coverage: 8TRA's interest payments on its debt are well covered by EBIT (7.9x coverage).