Voestalpine Balance Sheet Health
Financial Health criteria checks 6/6
Voestalpine has a total shareholder equity of €7.8B and total debt of €4.1B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are €16.6B and €8.8B respectively. Voestalpine's EBIT is €1.3B making its interest coverage ratio 7.4. It has cash and short-term investments of €1.2B.
Key information
52.7%
Debt to equity ratio
€4.10b
Debt
Interest coverage ratio | 7.4x |
Cash | €1.18b |
Equity | €7.78b |
Total liabilities | €8.82b |
Total assets | €16.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VLPN.Y's short term assets (€8.7B) exceed its short term liabilities (€6.1B).
Long Term Liabilities: VLPN.Y's short term assets (€8.7B) exceed its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: VLPN.Y's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: VLPN.Y's debt to equity ratio has reduced from 65.9% to 52.7% over the past 5 years.
Debt Coverage: VLPN.Y's debt is well covered by operating cash flow (48.4%).
Interest Coverage: VLPN.Y's interest payments on its debt are well covered by EBIT (7.4x coverage).