Balance Sheet Sixt SE

Equities

SIX2

DE0007231326

Passenger Transportation, Ground & Sea

Market Closed - Xetra Other stock markets 11:35:15 2024-09-10 am EDT			After market 03:51:47 pm
60.05 ^EUR	-0.33%		60.52	+0.79%

Aug. 13	SIXT-STAEMME : Jefferies reaffirms its Buy rating	ZD
Aug. 13	Leasing model behind Europe's EV drive at risk of breakdown	RE

635e242bc75.qsMKD5WivY534ZxjtiBR5NhzBDqc0d5J9132oQ-I_CM.8IJjfKbA5cxBhfol-G4Lpe0DY3L3_Jk8uTqn-1j8jmTntGFJoePxzQSY7w

Published financial data: SIXT SE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	3.31B	1.53B	2.28B	3.07B	3.62B
Other Revenues, Total	8.06M	8.17M	11.4M	20.71M	158M
Total Revenues	3.31B	1.54B	2.29B	3.09B	3.78B
Cost of Goods Sold, Total	1.69B	689M	721M	1.01B	1.32B
Gross Profit	1.62B	851M	1.57B	2.07B	2.46B
Selling General & Admin Expenses, Total	579M	443M	557M	764M	897M
Depreciation & Amortization - (IS)	104M	128M	126M	140M	174M
Amortization of Goodwill and Intangible Assets - (IS)	8.96M	6.43M	5.43M	6.9M	9.48M
Other Operating Expenses	528M	274M	417M	575M	778M
Other Operating Expenses, Total	1.22B	851M	1.11B	1.49B	1.86B
Operating Income	403M	-526K	468M	587M	605M
Interest Expense, Total	-44.18M	-37.25M	-37.85M	-40.11M	-112M
Interest And Investment Income	2.1M	2.73M	766K	1.42M	1.97M
Net Interest Expenses	-42.08M	-34.52M	-37.08M	-38.69M	-110M
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-19.21M	-10.75M	-599K	-5.9M	-13.28M
Other Non Operating Income (Expenses)	-148K	-1K	0	400K	1.26M
EBT, Excl. Unusual Items	341M	-45.8M	430M	543M	483M
Impairment of Goodwill	-	-8.16M	-	-	-
Gain (Loss) On Sale Of Investments	-51K	1.68M	75K	-341K	58K
Asset Writedown	-4.01M	-29.27M	11.9M	6.28M	-18.49M
Other Unusual Items	-	-	-	977K	-
EBT, Incl. Unusual Items	337M	-81.55M	442M	550M	464M
Income Tax Expense	90.61M	17.26M	129M	164M	129M
Earnings From Continuing Operations	247M	-98.81M	313M	386M	335M
Earnings Of Discontinued Operations	-	101M	-	-	-
Net Income to Company	247M	1.97M	313M	386M	335M
Minority Interest	-12.46M	-35.21M	-3K	-	-
Net Income - (IS)	234M	-33.25M	313M	386M	335M
Net Income to Common Incl Extra Items	234M	-33.25M	313M	386M	335M
Net Income to Common Excl. Extra Items	234M	-134M	313M	386M	335M
Per Share Items
Net EPS - Basic	4.99	-0.71	6.67	8.22	7.14
Basic EPS - Continuing Operations	4.99	-2.85	6.67	8.22	7.14
Basic Weighted Average Shares Outstanding	46.94M	46.94M	46.94M	46.94M	46.94M
Net EPS - Diluted	4.99	-0.71	6.67	8.22	7.14
Diluted EPS - Continuing Operations	4.99	-2.85	6.67	8.22	7.14
Diluted Weighted Average Shares Outstanding	46.94M	46.94M	46.94M	46.94M	46.94M
Normalized Basic EPS	4.28	-1.36	5.73	7.23	6.43
Normalized Diluted EPS	4.28	-1.36	5.73	7.23	6.43
Dividend Per Share	-	-	3.7	4.11	3.9
Payout Ratio	43.21	-2.49	0.26	45.12	85.68
American Depositary Receipts Ratio (ADR)	0.5	0.5	0.5	0.5	0.5
Supplemental Items
EBITDA	424M	22.53M	488M	610M	629M
EBITA	404M	314K	468M	588M	605M
EBIT	403M	-526K	468M	587M	605M
EBITDAR	613M	126M	640M	805M	860M
Effective Tax Rate - (Ratio)	26.85	-21.17	29.18	29.89	27.81
Total Current Taxes	97.06M	22.39M	106M	113M	111M
Total Deferred Taxes	-6.46M	-5.12M	22.53M	51.32M	18.3M
Normalized Net Income	201M	-63.83M	269M	340M	302M
Interest on Long-Term Debt	7.43M	7.23M	6.34M	10M	23.4M
Non-Cash Pension Expense	-393K	115K	-158K	-22K	35K
Supplemental Operating Expense Items
Research And Development Expense From Footnotes	1.69M	590K	1.61M	4.36M	7.7M
Net Rental Expense, Total	190M	104M	151M	195M	231M
Imputed Operating Lease Interest Expense	21.82M	10.69M	20.99M	27.86M	71.95M
Imputed Operating Lease Depreciation	168M	93.18M	130M	167M	159M
Maintenance & Repair Expenses, Total	365M	193M	230M	320M	378M
Stock-Based Comp., SG&A Exp. (Total)	1.34M	1.08M	825K	375K	6.69M
Total Stock-Based Compensation	1.34M	1.08M	825K	375K	6.69M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	171M	753M	266M	26.57M	5.92M
Total Cash And Short Term Investments	171M	753M	266M	26.57M	5.92M
Accounts Receivable, Total	766M	530M	515M	536M	542M
Other Receivables	335M	133M	71.63M	193M	98.8M
Total Receivables	1.1B	663M	586M	729M	641M
Inventory	102M	81.33M	27.06M	50.04M	218M
Other Current Assets, Total	3.03B	2.29B	3B	4.01B	4.63B
Total Current Assets	4.41B	3.79B	3.87B	4.82B	5.49B
Gross Property Plant And Equipment	769M	841M	966M	1.16B	1.45B
Accumulated Depreciation	-168M	-301M	-419M	-537M	-630M
Net Property Plant And Equipment	601M	540M	547M	627M	823M
Long-term Investments	2.35M	9.93M	2.91M	1.39M	16.21M
Goodwill	28.91M	18.44M	18.44M	24.92M	25.06M
Other Intangibles, Total	18.55M	9.92M	13.03M	18.32M	19.79M
Accounts Receivable Long-Term	1.08M	-	-	-	-
Deferred Tax Assets Long-Term	47.52M	43.61M	31.69M	12.4M	13.08M
Other Long-Term Assets, Total	1.14B	19.08M	33.23M	46.47M	60.05M
Total Assets	6.25B	4.43B	4.52B	5.55B	6.45B
Liabilities
Accounts Payable, Total	833M	423M	402M	637M	558M
Accrued Expenses, Total	-	-	61.92M	144M	194M
Short-term Borrowings	70M	88M	-	112M	-
Current Portion of Long-Term Debt	605M	268M	282M	591M	1.01B
Current Portion of Leases	94.4M	86.17M	110M	168M	164M
Current Income Taxes Payable	36.42M	22.56M	52.63M	74.4M	81.2M
Unearned Revenue Current, Total	-	-	42.73M	-	-
Other Current Liabilities	302M	209M	187M	143M	235M
Total Current Liabilities	1.94B	1.1B	1.14B	1.87B	2.24B
Long-Term Debt	2.34B	1.65B	1.33B	1.26B	1.61B
Long-Term Leases	315M	281M	274M	369M	490M
Pension & Other Post Retirement Benefits	3.31M	3.14M	3.05M	2.68M	3.48M
Deferred Tax Liability Non Current	43.34M	5.08M	14.11M	51.3M	68.02M
Other Non Current Liabilities	17.42M	516K	16.75M	22.37M	38.29M
Total Liabilities	4.66B	3.03B	2.77B	3.57B	4.45B
Common Stock, Total	120M	120M	120M	120M	120M
Retained Earnings	209M	212M	226M	207M	206M
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	1.13B	1.06B	1.4B	1.65B	1.68B
Total Common Equity	1.46B	1.39B	1.75B	1.98B	2B
Minority Interest	133M	-	-	-	-
Total Equity	1.59B	1.39B	1.75B	1.98B	2B
Total Liabilities And Equity	6.25B	4.43B	4.52B	5.55B	6.45B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	46.94M	46.94M	46.94M	46.94M	46.94M
ECS Total Common Shares Outstanding	46.94M	46.94M	46.94M	46.94M	46.94M
Book Value / Share	31.09	29.71	37.2	42.17	42.65
Tangible Book Value	1.41B	1.37B	1.71B	1.94B	1.96B
Tangible Book Value Per Share	30.08	29.11	36.53	41.24	41.7
Total Debt	3.42B	2.37B	2B	2.5B	3.27B
Net Debt	3.25B	1.62B	1.73B	2.47B	3.26B
Debt Equivalent of Unfunded Proj. Benefit Obligation	3.3M	3.14M	3.05M	2.68M	3.48M
Debt Equivalent Oper. Leases	1.52B	831M	1.21B	1.56B	1.85B
Minority Interest, Total (Incl. Fin. Div)	133M	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Finished Goods, Total	-	-	-	-	-
Inventories - Others	-	-	-	-	-
Land - (BS)	597M	669M	768M	946M	1.2B
Machinery, Total	172M	172M	199M	218M	251M
Full Time Employees	8.75K	6.92K	6.4K	7.51K	8.74K
Accumulated Allowance for Doubtful Accounts (Supple)	80.06M	95.85M	96.3M	107M	104M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	234M	-33.25M	313M	386M	335M
Depreciation & Amortization - CF	106M	128M	126M	140M	174M
Amortization of Goodwill and Intangible Assets - (CF)	1.1M	840K	483K	482K	473K
Depreciation & Amortization, Total	107M	129M	127M	141M	174M
Amortization of Deferred Charges, Total - (CF)	594M	291M	242M	412M	559M
(Gain) Loss From Sale Of Asset	-939K	794K	2.53M	1.58M	-888K
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-	-
Asset Writedown & Restructuring Costs	7.88M	38.36M	1.75M	-6.28M	18.49M
Net Cash From Discontinued Operations	-	28.01M	-	-	-
Other Operating Activities, Total	-121M	-401M	-171M	-270M	-510M
Change In Accounts Receivable	-206M	154M	15.26M	-14.66M	-5.88M
Change In Inventories	-4.17M	-29.6M	54.27M	-22.97M	-168M
Change In Accounts Payable	189M	-352M	-21.08M	234M	-79.31M
Change in Other Net Operating Assets	-840M	844M	-485M	-1.06B	-412M
Cash from Operations	-40.74M	669M	79.11M	-202M	-90.07M
Capital Expenditure	-46.14M	-22.16M	-35.02M	-64.76M	-61.26M
Sale of Property, Plant, and Equipment	3.03M	1.73M	70K	35K	7.01M
Cash Acquisitions	-466K	-	-	-42.47M	-
Divestitures	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-1.14M	-	-50.11M	50M	-12.96M
Other Investing Activities, Total	1K	33.04M	-	-	-
Cash from Investing	-44.72M	12.61M	-85.06M	-57.2M	-67.22M
Short Term Debt Issued, Total	-	-	29.99M	550M	-
Long-Term Debt Issued, Total	661M	766M	315M	120M	1.39B
Total Debt Issued	661M	766M	345M	670M	1.39B
Short Term Debt Repaid, Total	-22.72M	-147M	-	-	-313M
Long-Term Debt Repaid, Total	-421M	-801M	-833M	-478M	-650M
Total Debt Repaid	-444M	-948M	-833M	-478M	-963M
Repurchase of Common Stock	-2.71M	-5.99M	-	-	-
Common Dividends Paid	-101M	-829K	-829K	-174M	-287M
Common & Preferred Stock Dividends Paid	-101M	-829K	-829K	-174M	-287M
Special Dividend Paid	-	-	-	-	-
Other Financing Activities, Total	-5.74M	99.18M	-160K	1K	1K
Cash from Financing	108M	-89.64M	-489M	17.55M	137M
Foreign Exchange Rate Adjustments	1.37M	-9.45M	7.72M	1.97M	-31K
Miscellaneous Cash Flow Adjustments	1.16M	-	41K	-	-
Net Change in Cash	24.58M	583M	-487M	-239M	-20.64M
Supplemental Items
Cash Interest Paid	38.41M	39.83M	34.57M	34.94M	91.75M
Cash Income Tax Paid (Refund)	138M	21.95M	90.56M	82.49M	118M
Levered Free Cash Flow	389M	1.06B	120M	-92.68M	364M
Unlevered Free Cash Flow	417M	1.08B	144M	-67.61M	434M
Change In Net Working Capital	491M	-685M	483M	923M	622M
Net Debt Issued / Repaid	217M	-182M	-488M	192M	424M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	4.4	-0.01	6.53	7.29	6.3
Return on Total Capital	5.49	-0.01	7.79	8.93	7.76
Return On Equity %	16.27	-6.62	19.94	20.71	16.83
Return on Common Equity	16.88	-9.39	19.94	20.71	16.83
Margin Analysis
Gross Profit Margin %	48.97	55.25	68.58	67.15	65.19
SG&A Margin	17.46	28.77	24.27	24.74	23.74
EBITDA Margin %	12.78	1.46	21.29	19.76	16.66
EBITA Margin %	12.19	0.02	20.42	19.05	16.02
EBIT Margin %	12.16	-0.03	20.4	19.03	16.01
Income From Continuing Operations Margin %	7.45	-6.42	13.65	12.49	8.87
Net Income Margin %	7.07	-2.16	13.65	12.49	8.87
Net Avail. For Common Margin %	7.07	-8.7	13.65	12.49	8.87
Normalized Net Income Margin	6.06	-4.14	11.72	11	7.98
Levered Free Cash Flow Margin	11.74	68.8	5.24	-3	9.64
Unlevered Free Cash Flow Margin	12.58	70.32	6.27	-2.19	11.49
Asset Turnover
Asset Turnover	0.58	0.29	0.51	0.61	0.63
Fixed Assets Turnover	8.29	2.7	4.22	5.3	5.21
Receivables Turnover (Average Receivables)	4.98	2.36	4.37	5.84	6.72
Inventory Turnover (Average Inventory)	16.97	7.53	13.3	26.31	9.8
Short Term Liquidity
Current Ratio	2.27	3.45	3.4	2.58	2.45