Estée Lauder Companies Balance Sheet Health
Financial Health criteria checks 3/6
Estée Lauder Companies has a total shareholder equity of $6.6B and total debt of $7.8B, which brings its debt-to-equity ratio to 118%. Its total assets and total liabilities are $22.7B and $16.1B respectively. Estée Lauder Companies's EBIT is $1.3B making its interest coverage ratio 6.1. It has cash and short-term investments of $3.7B.
Key information
118.0%
Debt to equity ratio
US$7.77b
Debt
Interest coverage ratio | 6.1x |
Cash | US$3.70b |
Equity | US$6.58b |
Total liabilities | US$16.12b |
Total assets | US$22.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELAA's short term assets ($8.5B) exceed its short term liabilities ($5.4B).
Long Term Liabilities: ELAA's short term assets ($8.5B) do not cover its long term liabilities ($10.7B).
Debt to Equity History and Analysis
Debt Level: ELAA's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: ELAA's debt to equity ratio has increased from 73.6% to 118% over the past 5 years.
Debt Coverage: ELAA's debt is well covered by operating cash flow (28.1%).
Interest Coverage: ELAA's interest payments on its debt are well covered by EBIT (6.1x coverage).