Drägerwerk KGaA Balance Sheet Health
Financial Health criteria checks 5/6
Drägerwerk KGaA has a total shareholder equity of €1.4B and total debt of €365.5M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are €3.0B and €1.6B respectively. Drägerwerk KGaA's EBIT is €131.5M making its interest coverage ratio 11.9. It has cash and short-term investments of €181.3M.
Key information
26.4%
Debt to equity ratio
€365.51m
Debt
Interest coverage ratio | 11.9x |
Cash | €181.29m |
Equity | €1.38b |
Total liabilities | €1.62b |
Total assets | €3.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DGWP.F's short term assets (€1.8B) exceed its short term liabilities (€985.3M).
Long Term Liabilities: DGWP.F's short term assets (€1.8B) exceed its long term liabilities (€634.1M).
Debt to Equity History and Analysis
Debt Level: DGWP.F's net debt to equity ratio (13.3%) is considered satisfactory.
Reducing Debt: DGWP.F's debt to equity ratio has increased from 21.5% to 26.4% over the past 5 years.
Debt Coverage: DGWP.F's debt is well covered by operating cash flow (49.7%).
Interest Coverage: DGWP.F's interest payments on its debt are well covered by EBIT (11.9x coverage).