Solvay Balance Sheet Health
Financial Health criteria checks 3/6
Solvay has a total shareholder equity of €1.3B and total debt of €1.9B, which brings its debt-to-equity ratio to 144.4%. Its total assets and total liabilities are €7.0B and €5.7B respectively. Solvay's EBIT is €793.0M making its interest coverage ratio 27.3. It has cash and short-term investments of €756.0M.
Key information
144.4%
Debt to equity ratio
€1.89b
Debt
| Interest coverage ratio | 27.3x |
| Cash | €756.00m |
| Equity | €1.31b |
| Total liabilities | €5.72b |
| Total assets | €7.02b |
Recent financial health updates
Here's Why Solvay (EBR:SOLB) Can Manage Its Debt Responsibly
Oct 19
Is 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 10Solvay (EBR:SOLB) Has A Pretty Healthy Balance Sheet
Mar 28Recent updates
Solvay 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 10Solvay SA's (EBR:SOLB) Intrinsic Value Is Potentially 89% Above Its Share Price
May 03At €88.04, Is Solvay SA (EBR:SOLB) Worth Looking At Closely?
Apr 15Solvay (EBR:SOLB) Has A Pretty Healthy Balance Sheet
Mar 28An Intrinsic Calculation For Solvay SA (EBR:SOLB) Suggests It's 44% Undervalued
Feb 01Financial Position Analysis
Short Term Liabilities: SOLB's short term assets (€2.7B) exceed its short term liabilities (€2.2B).
Long Term Liabilities: SOLB's short term assets (€2.7B) do not cover its long term liabilities (€3.5B).
Debt to Equity History and Analysis
Debt Level: SOLB's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: SOLB's debt to equity ratio has increased from 35.5% to 144.4% over the past 5 years.
Debt Coverage: SOLB's debt is well covered by operating cash flow (101.3%).
Interest Coverage: SOLB's interest payments on its debt are well covered by EBIT (27.3x coverage).