Symrise Balance Sheet Health
Financial Health criteria checks 4/6
Symrise has a total shareholder equity of €3.8B and total debt of €2.4B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are €7.9B and €4.1B respectively. Symrise's EBIT is €619.7M making its interest coverage ratio 8. It has cash and short-term investments of €308.3M.
Key information
61.9%
Debt to equity ratio
€2.36b
Debt
| Interest coverage ratio | 8x |
| Cash | €308.26m |
| Equity | €3.81b |
| Total liabilities | €4.10b |
| Total assets | €7.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SY1's short term assets (€2.7B) exceed its short term liabilities (€927.3M).
Long Term Liabilities: SY1's short term assets (€2.7B) do not cover its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: SY1's net debt to equity ratio (53.9%) is considered high.
Reducing Debt: SY1's debt to equity ratio has reduced from 101.5% to 61.9% over the past 5 years.
Debt Coverage: SY1's debt is well covered by operating cash flow (36.5%).
Interest Coverage: SY1's interest payments on its debt are well covered by EBIT (8x coverage).