Clean Harbors Balance Sheet Health
Financial Health criteria checks 4/6
Clean Harbors has a total shareholder equity of $2.4B and total debt of $2.8B, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are $7.1B and $4.7B respectively. Clean Harbors's EBIT is $642.6M making its interest coverage ratio 5.2. It has cash and short-term investments of $493.3M.
Key information
114.3%
Debt to equity ratio
US$2.79b
Debt
| Interest coverage ratio | 5.2x |
| Cash | US$493.29m |
| Equity | US$2.44b |
| Total liabilities | US$4.70b |
| Total assets | US$7.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CH6's short term assets ($2.2B) exceed its short term liabilities ($1.1B).
Long Term Liabilities: CH6's short term assets ($2.2B) do not cover its long term liabilities ($3.6B).
Debt to Equity History and Analysis
Debt Level: CH6's net debt to equity ratio (94.1%) is considered high.
Reducing Debt: CH6's debt to equity ratio has reduced from 129.9% to 114.3% over the past 5 years.
Debt Coverage: CH6's debt is well covered by operating cash flow (26.3%).
Interest Coverage: CH6's interest payments on its debt are well covered by EBIT (5.2x coverage).