Sonova Holding Balance Sheet Health
Financial Health criteria checks 3/6
Sonova Holding has a total shareholder equity of CHF2.3B and total debt of CHF1.4B, which brings its debt-to-equity ratio to 61.1%. Its total assets and total liabilities are CHF5.5B and CHF3.1B respectively. Sonova Holding's EBIT is CHF681.3M making its interest coverage ratio 20.8. It has cash and short-term investments of CHF278.9M.
Key information
61.1%
Debt to equity ratio
CHF 1.41b
Debt
| Interest coverage ratio | 20.8x |
| Cash | CHF 278.90m |
| Equity | CHF 2.31b |
| Total liabilities | CHF 3.15b |
| Total assets | CHF 5.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOONE's short term assets (CHF1.4B) exceed its short term liabilities (CHF1.2B).
Long Term Liabilities: SOONE's short term assets (CHF1.4B) do not cover its long term liabilities (CHF1.9B).
Debt to Equity History and Analysis
Debt Level: SOONE's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: SOONE's debt to equity ratio has increased from 32.3% to 61.1% over the past 5 years.
Debt Coverage: SOONE's debt is well covered by operating cash flow (50.7%).
Interest Coverage: SOONE's interest payments on its debt are well covered by EBIT (20.8x coverage).