Linde Balance Sheet Health
Financial Health criteria checks 3/6
Linde has a total shareholder equity of $41.1B and total debt of $19.4B, which brings its debt-to-equity ratio to 47.1%. Its total assets and total liabilities are $80.8B and $39.7B respectively. Linde's EBIT is $8.3B making its interest coverage ratio 38.3. It has cash and short-term investments of $4.7B.
Key information
50.5%
Debt to equity ratio
US$20.32b
Debt
Interest coverage ratio | 34.6x |
Cash | US$4.85b |
Equity | US$40.23b |
Total liabilities | US$40.12b |
Total assets | US$80.35b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIN's short term assets ($12.6B) do not cover its short term liabilities ($15.7B).
Long Term Liabilities: LIN's short term assets ($12.6B) do not cover its long term liabilities ($24.0B).
Debt to Equity History and Analysis
Debt Level: LIN's net debt to equity ratio (35.8%) is considered satisfactory.
Reducing Debt: LIN's debt to equity ratio has increased from 26.6% to 47.1% over the past 5 years.
Debt Coverage: LIN's debt is well covered by operating cash flow (48%).
Interest Coverage: LIN's interest payments on its debt are well covered by EBIT (38.3x coverage).