Air Products and Chemicals, Inc.

WBAG:APCD Stock Report

Market Cap: €70.4b

Air Products and Chemicals Balance Sheet Health

Financial Health criteria checks 3/6

Air Products and Chemicals has a total shareholder equity of $18.7B and total debt of $14.3B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are $39.6B and $20.9B respectively. Air Products and Chemicals's EBIT is $2.8B making its interest coverage ratio 12. It has cash and short-term investments of $3.0B.

Key information

76.4%

Debt to equity ratio

US$14.26b

Debt

Interest coverage ratio12x
CashUS$2.99b
EquityUS$18.67b
Total liabilitiesUS$20.90b
Total assetsUS$39.57b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: APCD's short term assets ($6.4B) exceed its short term liabilities ($4.2B).

Long Term Liabilities: APCD's short term assets ($6.4B) do not cover its long term liabilities ($16.7B).


Debt to Equity History and Analysis

Debt Level: APCD's net debt to equity ratio (60.4%) is considered high.

Reducing Debt: APCD's debt to equity ratio has increased from 29.1% to 76.4% over the past 5 years.

Debt Coverage: APCD's debt is well covered by operating cash flow (25.6%).

Interest Coverage: APCD's interest payments on its debt are well covered by EBIT (12x coverage).


Balance Sheet


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