L'Oréal Balance Sheet Health
Financial Health criteria checks 5/6
L'Oréal has a total shareholder equity of €29.6B and total debt of €7.3B, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are €53.0B and €23.4B respectively. L'Oréal's EBIT is €8.5B making its interest coverage ratio -28.9. It has cash and short-term investments of €2.7B.
Key information
24.6%
Debt to equity ratio
€7.29b
Debt
| Interest coverage ratio | -28.9x |
| Cash | €2.73b |
| Equity | €29.63b |
| Total liabilities | €23.35b |
| Total assets | €52.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOR's short term assets (€16.6B) exceed its short term liabilities (€16.3B).
Long Term Liabilities: LOR's short term assets (€16.6B) exceed its long term liabilities (€7.0B).
Debt to Equity History and Analysis
Debt Level: LOR's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: LOR's debt to equity ratio has increased from 3.8% to 24.6% over the past 5 years.
Debt Coverage: LOR's debt is well covered by operating cash flow (103.5%).
Interest Coverage: LOR earns more interest than it pays, so coverage of interest payments is not a concern.