Andritz Balance Sheet Health
Financial Health criteria checks 6/6
Andritz has a total shareholder equity of €2.0B and total debt of €866.0M, which brings its debt-to-equity ratio to 42.9%. Its total assets and total liabilities are €8.3B and €6.3B respectively. Andritz's EBIT is €647.7M making its interest coverage ratio -18.4. It has cash and short-term investments of €2.0B.
Key information
42.9%
Debt to equity ratio
€866.00m
Debt
Interest coverage ratio | -18.4x |
Cash | €1.96b |
Equity | €2.02b |
Total liabilities | €6.33b |
Total assets | €8.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADRZ.Y's short term assets (€5.8B) exceed its short term liabilities (€5.0B).
Long Term Liabilities: ADRZ.Y's short term assets (€5.8B) exceed its long term liabilities (€1.3B).
Debt to Equity History and Analysis
Debt Level: ADRZ.Y has more cash than its total debt.
Reducing Debt: ADRZ.Y's debt to equity ratio has reduced from 128.6% to 42.9% over the past 5 years.
Debt Coverage: ADRZ.Y's debt is well covered by operating cash flow (79.9%).
Interest Coverage: ADRZ.Y earns more interest than it pays, so coverage of interest payments is not a concern.