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 $8.3B, which brings its debt-to-equity ratio to 126%. Its total assets and total liabilities are $23.3B and $16.7B respectively. Estée Lauder Companies's EBIT is $1.0B making its interest coverage ratio 5.7. It has cash and short-term investments of $3.9B.
Key information
126.0%
Debt to equity ratio
US$8.27b
Debt
Interest coverage ratio | 5.7x |
Cash | US$3.94b |
Equity | US$6.56b |
Total liabilities | US$16.72b |
Total assets | US$23.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELAA's short term assets ($8.9B) exceed its short term liabilities ($6.6B).
Long Term Liabilities: ELAA's short term assets ($8.9B) do not cover its long term liabilities ($10.1B).
Debt to Equity History and Analysis
Debt Level: ELAA's net debt to equity ratio (66%) is considered high.
Reducing Debt: ELAA's debt to equity ratio has increased from 78.7% to 126% over the past 5 years.
Debt Coverage: ELAA's debt is well covered by operating cash flow (23.2%).
Interest Coverage: ELAA's interest payments on its debt are well covered by EBIT (5.7x coverage).