Sika Balance Sheet Health
Financial Health criteria checks 4/6
Sika has a total shareholder equity of CHF5.9B and total debt of CHF5.5B, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are CHF15.1B and CHF9.1B respectively. Sika's EBIT is CHF1.7B making its interest coverage ratio 8.1. It has cash and short-term investments of CHF648.2M.
Key information
92.2%
Debt to equity ratio
CHF5.47b
Debt
| Interest coverage ratio | 8.1x |
| Cash | CHF648.20m |
| Equity | CHF5.93b |
| Total liabilities | CHF9.12b |
| Total assets | CHF15.05b |
Recent financial health updates
Does Sika (VTX:SIKA) Have A Healthy Balance Sheet?
Apr 03
Here's Why Sika (VTX:SIKA) Can Manage Its Debt Responsibly
Oct 01Is Sika (VTX:SIKA) Using Too Much Debt?
Jun 25Does Sika (VTX:SIKA) Have A Healthy Balance Sheet?
Mar 23Sika (VTX:SIKA) Has A Pretty Healthy Balance Sheet
Nov 23Here's Why Sika (VTX:SIKA) Can Manage Its Debt Responsibly
Aug 14Recent updates
Does Sika (VTX:SIKA) Have A Healthy Balance Sheet?
Apr 03Sika's (VTX:SIKA) Dividend Will Be Increased To CHF3.30
Mar 04We Think You Can Look Beyond Sika's (VTX:SIKA) Lackluster Earnings
Feb 20Sika's (VTX:SIKA) Dividend Will Be Increased To CHF3.30
Feb 19At CHF273, Is Sika AG (VTX:SIKA) Worth Looking At Closely?
Dec 28An Intrinsic Calculation For Sika AG (VTX:SIKA) Suggests It's 29% Undervalued
Dec 10Here's Why Sika (VTX:SIKA) Can Manage Its Debt Responsibly
Oct 01Should You Think About Buying Sika AG (VTX:SIKA) Now?
Sep 13Is Sika AG (VTX:SIKA) Trading At A 26% Discount?
Aug 26Here's Why We Think Sika (VTX:SIKA) Is Well Worth Watching
Jul 13Is Sika (VTX:SIKA) Using Too Much Debt?
Jun 25At CHF248, Is It Time To Put Sika AG (VTX:SIKA) On Your Watch List?
Jun 10Should You Be Adding Sika (VTX:SIKA) To Your Watchlist Today?
Apr 07Does Sika (VTX:SIKA) Have A Healthy Balance Sheet?
Mar 23Is It Too Late To Consider Buying Sika AG (VTX:SIKA)?
Mar 07Sika (VTX:SIKA) Has A Pretty Healthy Balance Sheet
Nov 23Is Now An Opportune Moment To Examine Sika AG (VTX:SIKA)?
Nov 02Here's Why Sika (VTX:SIKA) Can Manage Its Debt Responsibly
Aug 14These 4 Measures Indicate That Sika (VTX:SIKA) Is Using Debt Safely
May 16With EPS Growth And More, Sika (VTX:SIKA) Is Interesting
Apr 28Sika (VTX:SIKA) Is Increasing Its Dividend To CHF2.90
Apr 07Sika's (VTX:SIKA) Upcoming Dividend Will Be Larger Than Last Year's
Mar 24Sika (VTX:SIKA) Is Increasing Its Dividend To CHF2.90
Mar 10Sika's (VTX:SIKA) Profits Appear To Have Quality Issues
Feb 26Analyst Estimates: Here's What Brokers Think Of Sika AG (VTX:SIKA) After Its Full-Year Report
Feb 22Sika's (VTX:SIKA) Upcoming Dividend Will Be Larger Than Last Year's
Feb 20Here's Why We Think Sika (VTX:SIKA) Is Well Worth Watching
Jan 06Does Sika (VTX:SIKA) Deserve A Spot On Your Watchlist?
Oct 03Sika (VTX:SIKA) Seems To Use Debt Rather Sparingly
Sep 16Here's Why I Think Sika (VTX:SIKA) Might Deserve Your Attention Today
Jul 05Is Sika (VTX:SIKA) Using Too Much Debt?
Jun 14You Have To Love Sika AG's (VTX:SIKA) Dividend
May 06Here's Why I Think Sika (VTX:SIKA) Is An Interesting Stock
Mar 24Financial Position Analysis
Short Term Liabilities: SIKA's short term assets (CHF4.2B) exceed its short term liabilities (CHF3.4B).
Long Term Liabilities: SIKA's short term assets (CHF4.2B) do not cover its long term liabilities (CHF5.7B).
Debt to Equity History and Analysis
Debt Level: SIKA's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: SIKA's debt to equity ratio has reduced from 180.9% to 92.2% over the past 5 years.
Debt Coverage: SIKA's debt is well covered by operating cash flow (30.1%).
Interest Coverage: SIKA's interest payments on its debt are well covered by EBIT (8.1x coverage).