PIERER Mobility Balance Sheet Health
Financial Health criteria checks 5/6
PIERER Mobility has a total shareholder equity of €889.9M and total debt of €688.2M, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are €2.7B and €1.8B respectively. PIERER Mobility's EBIT is €231.4M making its interest coverage ratio 6.8. It has cash and short-term investments of €245.3M.
Key information
77.3%
Debt to equity ratio
€688.20m
Debt
| Interest coverage ratio | 6.8x |
| Cash | €245.34m |
| Equity | €889.95m |
| Total liabilities | €1.79b |
| Total assets | €2.68b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PIER.F's short term assets (€1.4B) exceed its short term liabilities (€981.7M).
Long Term Liabilities: PIER.F's short term assets (€1.4B) exceed its long term liabilities (€803.8M).
Debt to Equity History and Analysis
Debt Level: PIER.F's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: PIER.F's debt to equity ratio has reduced from 107.3% to 77.3% over the past 5 years.
Debt Coverage: PIER.F's debt is well covered by operating cash flow (51.9%).
Interest Coverage: PIER.F's interest payments on its debt are well covered by EBIT (6.8x coverage).