Palfinger Balance Sheet Health
Financial Health criteria checks 3/6
Palfinger has a total shareholder equity of €701.9M and total debt of €794.1M, which brings its debt-to-equity ratio to 113.1%. Its total assets and total liabilities are €2.1B and €1.4B respectively. Palfinger's EBIT is €187.3M making its interest coverage ratio 6.4. It has cash and short-term investments of €62.1M.
Key information
113.1%
Debt to equity ratio
€794.11m
Debt
Interest coverage ratio | 6.4x |
Cash | €62.15m |
Equity | €701.94m |
Total liabilities | €1.36b |
Total assets | €2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLFR.F's short term assets (€1.2B) exceed its short term liabilities (€700.3M).
Long Term Liabilities: PLFR.F's short term assets (€1.2B) exceed its long term liabilities (€660.5M).
Debt to Equity History and Analysis
Debt Level: PLFR.F's net debt to equity ratio (104.3%) is considered high.
Reducing Debt: PLFR.F's debt to equity ratio has increased from 98.4% to 113.1% over the past 5 years.
Debt Coverage: PLFR.F's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: PLFR.F's interest payments on its debt are well covered by EBIT (6.4x coverage).