PIERER Mobility Balance Sheet Health
Financial Health criteria checks 2/6
PIERER Mobility has a total shareholder equity of €722.2M and total debt of €1.6B, which brings its debt-to-equity ratio to 218.1%. Its total assets and total liabilities are €3.3B and €2.5B respectively.
Key information
218.1%
Debt to equity ratio
€1.58b
Debt
| Interest coverage ratio | n/a |
| Cash | €105.80m |
| Equity | €722.20m |
| Total liabilities | €2.55b |
| Total assets | €3.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIER.F's short term assets (€1.7B) exceed its short term liabilities (€1.3B).
Long Term Liabilities: PIER.F's short term assets (€1.7B) exceed its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: PIER.F's net debt to equity ratio (203.4%) is considered high.
Reducing Debt: PIER.F's debt to equity ratio has increased from 82.7% to 218.1% over the past 5 years.
Debt Coverage: PIER.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PIER.F's interest payments on its debt are well covered by EBIT.