Clariant Balance Sheet Health
Financial Health criteria checks 4/6
Clariant has a total shareholder equity of CHF2.4B and total debt of CHF1.8B, which brings its debt-to-equity ratio to 78.3%. Its total assets and total liabilities are CHF6.4B and CHF4.0B respectively. Clariant's EBIT is CHF389.0M making its interest coverage ratio 6.3. It has cash and short-term investments of CHF470.0M.
Key information
78.3%
Debt to equity ratio
CHF 1.84b
Debt
| Interest coverage ratio | 6.3x |
| Cash | CHF 470.00m |
| Equity | CHF 2.35b |
| Total liabilities | CHF 4.01b |
| Total assets | CHF 6.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLRS's short term assets (CHF2.3B) exceed its short term liabilities (CHF1.5B).
Long Term Liabilities: CLRS's short term assets (CHF2.3B) do not cover its long term liabilities (CHF2.5B).
Debt to Equity History and Analysis
Debt Level: CLRS's net debt to equity ratio (58.3%) is considered high.
Reducing Debt: CLRS's debt to equity ratio has reduced from 80.8% to 78.3% over the past 5 years.
Debt Coverage: CLRS's debt is well covered by operating cash flow (24.7%).
Interest Coverage: CLRS's interest payments on its debt are well covered by EBIT (6.3x coverage).