LyondellBasell Industries Balance Sheet Health
Financial Health criteria checks 4/6
LyondellBasell Industries has a total shareholder equity of $13.1B and total debt of $11.3B, which brings its debt-to-equity ratio to 85.9%. Its total assets and total liabilities are $36.6B and $23.5B respectively. LyondellBasell Industries's EBIT is $3.3B making its interest coverage ratio 9.4. It has cash and short-term investments of $2.3B.
Key information
85.9%
Debt to equity ratio
US$11.26b
Debt
Interest coverage ratio | 9.4x |
Cash | US$2.34b |
Equity | US$13.11b |
Total liabilities | US$23.52b |
Total assets | US$36.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L1YB34's short term assets ($12.9B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: L1YB34's short term assets ($12.9B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: L1YB34's net debt to equity ratio (68%) is considered high.
Reducing Debt: L1YB34's debt to equity ratio has reduced from 96.1% to 85.9% over the past 5 years.
Debt Coverage: L1YB34's debt is well covered by operating cash flow (38.6%).
Interest Coverage: L1YB34's interest payments on its debt are well covered by EBIT (9.4x coverage).