Alcon Balance Sheet Health
Financial Health criteria checks 4/6
Alcon has a total shareholder equity of $20.6B and total debt of $4.7B, which brings its debt-to-equity ratio to 23%. Its total assets and total liabilities are $29.6B and $9.0B respectively. Alcon's EBIT is $1.0B making its interest coverage ratio 7.1. It has cash and short-term investments of $1.1B.
Key information
23.0%
Debt to equity ratio
US$4.74b
Debt
| Interest coverage ratio | 7.1x |
| Cash | US$1.10b |
| Equity | US$20.62b |
| Total liabilities | US$8.99b |
| Total assets | US$29.61b |
Recent financial health updates
Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Feb 15
Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Oct 18Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Jul 05Does Alcon (VTX:ALC) Have A Healthy Balance Sheet?
Apr 03Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Dec 18We Think Alcon (VTX:ALC) Can Stay On Top Of Its Debt
Sep 11Recent updates
Alcon Inc.'s (VTX:ALC) Shareholders Might Be Looking For Exit
Apr 03Here's Why Alcon (VTX:ALC) Has Caught The Eye Of Investors
Mar 21Results: Alcon Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 01Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Feb 15Alcon Inc.'s (VTX:ALC) Business Is Yet to Catch Up With Its Share Price
Dec 22Returns On Capital Are Showing Encouraging Signs At Alcon (VTX:ALC)
Dec 04Calculating The Fair Value Of Alcon Inc. (VTX:ALC)
Nov 08Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Oct 18Alcon (VTX:ALC) Might Have The Makings Of A Multi-Bagger
Aug 25A Look At The Fair Value Of Alcon Inc. (VTX:ALC)
Aug 10Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Jul 05Investors Will Want Alcon's (VTX:ALC) Growth In ROCE To Persist
May 12Does Alcon (VTX:ALC) Have A Healthy Balance Sheet?
Apr 03Here's Why Alcon (VTX:ALC) Has Caught The Eye Of Investors
Feb 03Returns Are Gaining Momentum At Alcon (VTX:ALC)
Jan 19Alcon (VTX:ALC) Has A Pretty Healthy Balance Sheet
Dec 18Do Alcon's (VTX:ALC) Earnings Warrant Your Attention?
Nov 02Alcon's (VTX:ALC) Returns On Capital Are Heading Higher
Sep 30We Think Alcon (VTX:ALC) Can Stay On Top Of Its Debt
Sep 11With Alcon Inc. (VTX:ALC) It Looks Like You'll Get What You Pay For
Aug 26These 4 Measures Indicate That Alcon (VTX:ALC) Is Using Debt Reasonably Well
Jun 10Alcon (VTX:ALC) Is Experiencing Growth In Returns On Capital
May 20There's Been No Shortage Of Growth Recently For Alcon's (VTX:ALC) Returns On Capital
Feb 13Does Alcon (VTX:ALC) Have A Healthy Balance Sheet?
Dec 28We Like These Underlying Return On Capital Trends At Alcon (VTX:ALC)
Oct 26Does Alcon (VTX:ALC) Have A Healthy Balance Sheet?
Sep 15Alcon's (VTX:ALC) Robust Earnings Are Supported By Other Strong Factors
Aug 24Is Alcon (VTX:ALC) A Risky Investment?
Jun 11Alcon Inc. (VTX:ALC) On The Verge Of Breaking Even
May 16Analyst Estimates: Here's What Brokers Think Of Alcon Inc. (VTX:ALC) After Its Annual Report
Feb 25Is Alcon (VTX:ALC) A Risky Investment?
Feb 11
Financial Position Analysis
Short Term Liabilities: ALC's short term assets ($5.6B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: ALC's short term assets ($5.6B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: ALC's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: ALC's debt to equity ratio has increased from 0.5% to 23% over the past 5 years.
Debt Coverage: ALC's debt is well covered by operating cash flow (29.3%).
Interest Coverage: ALC's interest payments on its debt are well covered by EBIT (7.1x coverage).