Ecolab Balance Sheet Health
Financial Health criteria checks 3/6
Ecolab has a total shareholder equity of $7.1B and total debt of $8.8B, which brings its debt-to-equity ratio to 123.3%. Its total assets and total liabilities are $21.2B and $14.0B respectively. Ecolab's EBIT is $1.8B making its interest coverage ratio 9.3. It has cash and short-term investments of $124.9M.
Key information
123.3%
Debt to equity ratio
US$8.78b
Debt
| Interest coverage ratio | 9.3x |
| Cash | US$124.90m |
| Equity | US$7.12b |
| Total liabilities | US$14.05b |
| Total assets | US$21.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECJ's short term assets ($4.9B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: ECJ's short term assets ($4.9B) do not cover its long term liabilities ($10.2B).
Debt to Equity History and Analysis
Debt Level: ECJ's net debt to equity ratio (121.6%) is considered high.
Reducing Debt: ECJ's debt to equity ratio has increased from 109.8% to 123.3% over the past 5 years.
Debt Coverage: ECJ's debt is well covered by operating cash flow (20%).
Interest Coverage: ECJ's interest payments on its debt are well covered by EBIT (9.3x coverage).