HELLA GmbH KGaA Balance Sheet Health
Financial Health criteria checks 5/6
HELLA GmbH KGaA has a total shareholder equity of €3.0B and total debt of €1.5B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are €7.6B and €4.6B respectively. HELLA GmbH KGaA's EBIT is €434.6M making its interest coverage ratio 8.6. It has cash and short-term investments of €1.4B.
Key information
49.5%
Debt to equity ratio
€1.49b
Debt
Interest coverage ratio | 8.6x |
Cash | €1.39b |
Equity | €3.01b |
Total liabilities | €4.57b |
Total assets | €7.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HLKH.F's short term assets (€4.2B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: HLKH.F's short term assets (€4.2B) exceed its long term liabilities (€1.7B).
Debt to Equity History and Analysis
Debt Level: HLKH.F's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: HLKH.F's debt to equity ratio has increased from 42.1% to 49.5% over the past 5 years.
Debt Coverage: HLKH.F's debt is well covered by operating cash flow (57.1%).
Interest Coverage: HLKH.F's interest payments on its debt are well covered by EBIT (8.6x coverage).