Evonik Industries Balance Sheet Health
Financial Health criteria checks 6/6
Evonik Industries has a total shareholder equity of €10.2B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €20.8B and €10.6B respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €588.00m |
| Equity | €10.20b |
| Total liabilities | €10.60b |
| Total assets | €20.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EVK's short term assets (€6.3B) exceed its short term liabilities (€4.4B).
Long Term Liabilities: EVK's short term assets (€6.3B) exceed its long term liabilities (€6.2B).
Debt to Equity History and Analysis
Debt Level: EVK is debt free.
Reducing Debt: EVK has no debt compared to 5 years ago when its debt to equity ratio was 49.8%.
Debt Coverage: EVK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EVK has no debt, therefore coverage of interest payments is not a concern.