Sherwin-Williams Balance Sheet Health
Financial Health criteria checks 3/6
Sherwin-Williams has a total shareholder equity of $3.6B and total debt of $10.4B, which brings its debt-to-equity ratio to 286.5%. Its total assets and total liabilities are $23.2B and $19.5B respectively. Sherwin-Williams's EBIT is $3.4B making its interest coverage ratio 8.3. It has cash and short-term investments of $209.4M.
Key information
286.5%
Debt to equity ratio
US$10.40b
Debt
Interest coverage ratio | 8.3x |
Cash | US$209.40m |
Equity | US$3.63b |
Total liabilities | US$19.54b |
Total assets | US$23.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJ3's short term assets ($6.4B) exceed its short term liabilities ($6.3B).
Long Term Liabilities: SJ3's short term assets ($6.4B) do not cover its long term liabilities ($13.2B).
Debt to Equity History and Analysis
Debt Level: SJ3's net debt to equity ratio (280.7%) is considered high.
Reducing Debt: SJ3's debt to equity ratio has increased from 276.9% to 286.5% over the past 5 years.
Debt Coverage: SJ3's debt is well covered by operating cash flow (24.8%).
Interest Coverage: SJ3's interest payments on its debt are well covered by EBIT (8.3x coverage).