Celanese Balance Sheet Health
Financial Health criteria checks 1/6
Celanese has a total shareholder equity of $7.6B and total debt of $13.5B, which brings its debt-to-equity ratio to 179.2%. Its total assets and total liabilities are $26.6B and $19.0B respectively. Celanese's EBIT is $1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of $1.8B.
Key information
179.2%
Debt to equity ratio
US$13.54b
Debt
Interest coverage ratio | 2.1x |
Cash | US$1.81b |
Equity | US$7.55b |
Total liabilities | US$19.05b |
Total assets | US$26.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1NS34's short term assets ($6.2B) exceed its short term liabilities ($4.1B).
Long Term Liabilities: C1NS34's short term assets ($6.2B) do not cover its long term liabilities ($15.0B).
Debt to Equity History and Analysis
Debt Level: C1NS34's net debt to equity ratio (155.3%) is considered high.
Reducing Debt: C1NS34's debt to equity ratio has increased from 99.9% to 179.2% over the past 5 years.
Debt Coverage: C1NS34's debt is not well covered by operating cash flow (14%).
Interest Coverage: C1NS34's interest payments on its debt are not well covered by EBIT (2.1x coverage).