Sectors such as mechanical engineering have improved their profits significantly over the past year.
(Photo: mauritius images / Rupert Oberhäuser)
Dusseldorf, Berlin Rising prices and interest rates, high energy costs and the war in Ukraine weigh heavily on the future prospects of German companies – especially medium-sized companies. This is the bad news. The good news: Small and medium-sized companies have taken precautions and increased their cash reserves in the past financial year.
The liquidity ratio, which measures the ratio of cash to total assets, rose from 7.1 to 8.6 percent on average across all sectors at the end of the financial year. The vast majority of companies are therefore not at risk of over-indebtedness.
This is the result of an anonymous evaluation by the German Savings Banks and Giro Association (DSGV) of around 9,000 balance sheets, which is available to the Handelsblatt. It is about companies with an annual turnover of between 20 and 250 million euros.
Read on now
Get access to this and every other article in the
Web and in our app free of charge for 4 weeks.
Further
Read on now
Get access to this and every other article in the
web and in our app.
Further