Dow Balance Sheet Health
Financial Health criteria checks 4/6
Dow has a total shareholder equity of $18.8B and total debt of $15.6B, which brings its debt-to-equity ratio to 82.9%. Its total assets and total liabilities are $59.4B and $40.5B respectively. Dow's EBIT is $2.1B making its interest coverage ratio 3.5. It has cash and short-term investments of $3.3B.
Key information
82.9%
Debt to equity ratio
US$15.61b
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$3.28b |
| Equity | US$18.84b |
| Total liabilities | US$40.55b |
| Total assets | US$59.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOW's short term assets ($18.0B) exceed its short term liabilities ($10.8B).
Long Term Liabilities: DOW's short term assets ($18.0B) do not cover its long term liabilities ($29.7B).
Debt to Equity History and Analysis
Debt Level: DOW's net debt to equity ratio (65.4%) is considered high.
Reducing Debt: DOW's debt to equity ratio has reduced from 100.5% to 82.9% over the past 5 years.
Debt Coverage: DOW's debt is well covered by operating cash flow (24.1%).
Interest Coverage: DOW's interest payments on its debt are well covered by EBIT (3.5x coverage).