Sandoz Group Balance Sheet Health
Financial Health criteria checks 3/6
Sandoz Group has a total shareholder equity of $8.7B and total debt of $4.3B, which brings its debt-to-equity ratio to 49.2%. Its total assets and total liabilities are $19.4B and $10.8B respectively. Sandoz Group's EBIT is $375.0M making its interest coverage ratio 2.2. It has cash and short-term investments of $1.1B.
Key information
49.2%
Debt to equity ratio
US$4.26b
Debt
Interest coverage ratio | 2.2x |
Cash | US$1.11b |
Equity | US$8.65b |
Total liabilities | US$10.78b |
Total assets | US$19.43b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SDZ's short term assets ($7.6B) exceed its short term liabilities ($5.7B).
Long Term Liabilities: SDZ's short term assets ($7.6B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SDZ's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SDZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SDZ's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: SDZ's interest payments on its debt are not well covered by EBIT (2.2x coverage).