Henkel KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Henkel KGaA has a total shareholder equity of €20.6B and total debt of €3.6B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are €33.8B and €13.2B respectively. Henkel KGaA's EBIT is €3.2B making its interest coverage ratio 1620. It has cash and short-term investments of €2.4B.
Key information
17.5%
Debt to equity ratio
€3.60b
Debt
| Interest coverage ratio | 1620x |
| Cash | €2.39b |
| Equity | €20.58b |
| Total liabilities | €13.20b |
| Total assets | €33.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEN3's short term assets (€9.7B) exceed its short term liabilities (€8.8B).
Long Term Liabilities: HEN3's short term assets (€9.7B) exceed its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: HEN3's net debt to equity ratio (5.9%) is considered satisfactory.
Reducing Debt: HEN3's debt to equity ratio has reduced from 27.6% to 17.5% over the past 5 years.
Debt Coverage: HEN3's debt is well covered by operating cash flow (92.8%).
Interest Coverage: HEN3's interest payments on its debt are well covered by EBIT (1620x coverage).