Aurubis Balance Sheet Health
Financial Health criteria checks 6/6
Aurubis has a total shareholder equity of €4.4B and total debt of €355.0M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are €7.9B and €3.4B respectively. Aurubis's EBIT is €357.8M making its interest coverage ratio 23.4. It has cash and short-term investments of €69.0M.
Key information
8.0%
Debt to equity ratio
€355.00m
Debt
| Interest coverage ratio | 23.4x |
| Cash | €69.00m |
| Equity | €4.45b |
| Total liabilities | €3.42b |
| Total assets | €7.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIAG.Y's short term assets (€4.9B) exceed its short term liabilities (€2.3B).
Long Term Liabilities: AIAG.Y's short term assets (€4.9B) exceed its long term liabilities (€1.1B).
Debt to Equity History and Analysis
Debt Level: AIAG.Y's net debt to equity ratio (6.4%) is considered satisfactory.
Reducing Debt: AIAG.Y's debt to equity ratio has reduced from 12.6% to 8% over the past 5 years.
Debt Coverage: AIAG.Y's debt is well covered by operating cash flow (155.4%).
Interest Coverage: AIAG.Y's interest payments on its debt are well covered by EBIT (23.4x coverage).