LANXESS Balance Sheet Health
Financial Health criteria checks 3/6
LANXESS has a total shareholder equity of €4.5B and total debt of €2.8B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are €9.7B and €5.2B respectively.
Key information
62.3%
Debt to equity ratio
€2.81b
Debt
| Interest coverage ratio | n/a |
| Cash | €496.00m |
| Equity | €4.51b |
| Total liabilities | €5.16b |
| Total assets | €9.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXS's short term assets (€2.9B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: LXS's short term assets (€2.9B) do not cover its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: LXS's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: LXS's debt to equity ratio has reduced from 98.4% to 62.3% over the past 5 years.
Debt Coverage: LXS's debt is well covered by operating cash flow (29.9%).
Interest Coverage: Insufficient data to determine if LXS's interest payments on its debt are well covered by EBIT.