Clariane Balance Sheet Health
Financial Health criteria checks 1/6
Clariane has a total shareholder equity of €3.9B and total debt of €4.5B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are €15.2B and €11.2B respectively. Clariane's EBIT is €276.2M making its interest coverage ratio 1. It has cash and short-term investments of €683.5M.
Key information
115.1%
Debt to equity ratio
€4.53b
Debt
Interest coverage ratio | 1x |
Cash | €683.51m |
Equity | €3.94b |
Total liabilities | €11.24b |
Total assets | €15.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KO2's short term assets (€2.5B) do not cover its short term liabilities (€3.4B).
Long Term Liabilities: KO2's short term assets (€2.5B) do not cover its long term liabilities (€7.9B).
Debt to Equity History and Analysis
Debt Level: KO2's net debt to equity ratio (97.8%) is considered high.
Reducing Debt: KO2's debt to equity ratio has reduced from 128.1% to 115.1% over the past 5 years.
Debt Coverage: KO2's debt is not well covered by operating cash flow (17.7%).
Interest Coverage: KO2's interest payments on its debt are not well covered by EBIT (1x coverage).