SGL Carbon Balance Sheet Health
Financial Health criteria checks 5/6
SGL Carbon has a total shareholder equity of €645.6M and total debt of €280.2M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are €1.5B and €824.2M respectively. SGL Carbon's EBIT is €75.1M making its interest coverage ratio 2.9. It has cash and short-term investments of €183.6M.
Key information
43.4%
Debt to equity ratio
€280.20m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €183.60m |
| Equity | €645.60m |
| Total liabilities | €824.20m |
| Total assets | €1.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGLF.F's short term assets (€735.9M) exceed its short term liabilities (€270.5M).
Long Term Liabilities: SGLF.F's short term assets (€735.9M) exceed its long term liabilities (€553.7M).
Debt to Equity History and Analysis
Debt Level: SGLF.F's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: SGLF.F's debt to equity ratio has reduced from 96.6% to 43.4% over the past 5 years.
Debt Coverage: SGLF.F's debt is well covered by operating cash flow (55.2%).
Interest Coverage: SGLF.F's interest payments on its debt are not well covered by EBIT (2.9x coverage).