Solvay Balance Sheet Health
Financial Health criteria checks 3/6
Solvay has a total shareholder equity of €1.3B and total debt of €2.2B, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are €6.5B and €5.2B respectively. Solvay's EBIT is €593.0M making its interest coverage ratio 6.4. It has cash and short-term investments of €589.0M.
Key information
164.1%
Debt to equity ratio
€2.18b
Debt
| Interest coverage ratio | 6.4x |
| Cash | €589.00m |
| Equity | €1.33b |
| Total liabilities | €5.21b |
| Total assets | €6.54b |
Recent financial health updates
Solvay (EBR:SOLB) Has A Somewhat Strained Balance Sheet
Jul 14
Here's Why Solvay (EBR:SOLB) Can Manage Its Debt Responsibly
Oct 19Is Solvay (EBR:SOLB) A Risky Investment?
Jul 19Here's Why Solvay (EBR:SOLB) Can Manage Its Debt Responsibly
Apr 09Solvay (EBR:SOLB) Seems To Use Debt Quite Sensibly
Dec 18We Think Solvay (EBR:SOLB) Can Stay On Top Of Its Debt
Jul 10Recent updates
Solvay SA (EBR:SOLB) Stock Rockets 25% As Investors Are Less Pessimistic Than Expected
Oct 17Are Investors Undervaluing Solvay SA (EBR:SOLB) By 43%?
Sep 18Solvay SA's (EBR:SOLB) Share Price Could Signal Some Risk
Aug 28Solvay's (EBR:SOLB) Earnings May Just Be The Starting Point
Aug 08Solvay (EBR:SOLB) Has A Somewhat Strained Balance Sheet
Jul 14Are Investors Undervaluing Solvay SA (EBR:SOLB) By 37%?
Jun 14Is It Too Late To Consider Buying Solvay SA (EBR:SOLB)?
May 29Solvay SA (EBR:SOLB) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected
Apr 24Solvay SA's (EBR:SOLB) Business And Shares Still Trailing The Market
Mar 10Is Solvay SA (EBR:SOLB) Trading At A 28% Discount?
Nov 20Solvay (EBR:SOLB) Is Increasing Its Dividend To €1.13
Nov 06The Return Trends At Solvay (EBR:SOLB) Look Promising
Nov 02Here's Why Solvay (EBR:SOLB) Can Manage Its Debt Responsibly
Oct 19Is It Too Late To Consider Buying Solvay SA (EBR:SOLB)?
Aug 16Returns At Solvay (EBR:SOLB) Are On The Way Up
Aug 02Is Solvay (EBR:SOLB) A Risky Investment?
Jul 19An Intrinsic Calculation For Solvay SA (EBR:SOLB) Suggests It's 26% Undervalued
Jul 06Solvay's (EBR:SOLB) Dividend Will Be Increased To €1.76
May 11Is Solvay SA (EBR:SOLB) Potentially Undervalued?
May 09Solvay's (EBR:SOLB) Returns On Capital Are Heading Higher
Apr 25Here's Why Solvay (EBR:SOLB) Can Manage Its Debt Responsibly
Apr 09Is There An Opportunity With Solvay SA's (EBR:SOLB) 21% Undervaluation?
Mar 27Solvay (EBR:SOLB) Is Increasing Its Dividend To €1.76
Feb 27Solvay (EBR:SOLB) Has Announced That It Will Be Increasing Its Dividend To €1.08
Jan 09The Return Trends At Solvay (EBR:SOLB) Look Promising
Jan 05Solvay's (EBR:SOLB) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 20Solvay (EBR:SOLB) Seems To Use Debt Quite Sensibly
Dec 18At €94.20, Is Solvay SA (EBR:SOLB) Worth Looking At Closely?
Dec 02Solvay's (EBR:SOLB) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 17Solvay SA (EBR:SOLB) Shares Could Be 34% Below Their Intrinsic Value Estimate
Sep 13New Forecasts: Here's What Analysts Think The Future Holds For Solvay SA (EBR:SOLB)
Aug 07Is Now An Opportune Moment To Examine Solvay SA (EBR:SOLB)?
Jul 28We Think Solvay (EBR:SOLB) Can Stay On Top Of Its Debt
Jul 10Financial Position Analysis
Short Term Liabilities: SOLB's short term assets (€2.4B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: SOLB's short term assets (€2.4B) do not cover its long term liabilities (€3.5B).
Debt to Equity History and Analysis
Debt Level: SOLB's net debt to equity ratio (119.7%) is considered high.
Reducing Debt: SOLB's debt to equity ratio has increased from 47.4% to 164.1% over the past 5 years.
Debt Coverage: SOLB's debt is well covered by operating cash flow (28.4%).
Interest Coverage: SOLB's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 01:13 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solvay SA is covered by 49 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mutlu Gundogan | ABN AMRO Bank N.V. |
| Martin Schnee | AlphaValue |
| Volker Bosse | Baader Helvea Equity Research |