Clariant Balance Sheet Health
Financial Health criteria checks 6/6
Clariant has a total shareholder equity of CHF2.2B and total debt of CHF1.1B, which brings its debt-to-equity ratio to 50.4%. Its total assets and total liabilities are CHF5.3B and CHF3.2B respectively. Clariant's EBIT is CHF407.0M making its interest coverage ratio 18.5. It has cash and short-term investments of CHF593.0M.
Key information
50.4%
Debt to equity ratio
CHF1.10b
Debt
Interest coverage ratio | 18.5x |
Cash | CHF593.00m |
Equity | CHF2.18b |
Total liabilities | CHF3.17b |
Total assets | CHF5.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLRS's short term assets (CHF2.2B) exceed its short term liabilities (CHF1.6B).
Long Term Liabilities: CLRS's short term assets (CHF2.2B) exceed its long term liabilities (CHF1.6B).
Debt to Equity History and Analysis
Debt Level: CLRS's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: CLRS's debt to equity ratio has reduced from 74.8% to 50.4% over the past 5 years.
Debt Coverage: CLRS's debt is well covered by operating cash flow (38.3%).
Interest Coverage: CLRS's interest payments on its debt are well covered by EBIT (18.5x coverage).