L'Oréal Balance Sheet Health
Financial Health criteria checks 5/6
L'Oréal has a total shareholder equity of €29.1B and total debt of €6.8B, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are €51.9B and €22.8B respectively. L'Oréal's EBIT is €8.1B making its interest coverage ratio -22.8. It has cash and short-term investments of €4.3B.
Key information
23.5%
Debt to equity ratio
€6.84b
Debt
Interest coverage ratio | -22.8x |
Cash | €4.32b |
Equity | €29.08b |
Total liabilities | €22.77b |
Total assets | €51.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OR's short term assets (€16.3B) exceed its short term liabilities (€14.9B).
Long Term Liabilities: OR's short term assets (€16.3B) exceed its long term liabilities (€7.9B).
Debt to Equity History and Analysis
Debt Level: OR's net debt to equity ratio (8.7%) is considered satisfactory.
Reducing Debt: OR's debt to equity ratio has increased from 4.6% to 23.5% over the past 5 years.
Debt Coverage: OR's debt is well covered by operating cash flow (111.2%).
Interest Coverage: OR earns more interest than it pays, so coverage of interest payments is not a concern.