DSM-Firmenich Balance Sheet Health
Financial Health criteria checks 6/6
DSM-Firmenich has a total shareholder equity of €10.8B and total debt of €2.9B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are €17.4B and €6.6B respectively. DSM-Firmenich's EBIT is €652.0M making its interest coverage ratio 8. It has cash and short-term investments of €2.9B.
Key information
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Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSM2's short term assets (€8.1B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: DSM2's short term assets (€8.1B) exceed its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: DSM2's net debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: DSM2's debt to equity ratio has reduced from 37.4% to 26.6% over the past 5 years.
Debt Coverage: DSM2's debt is well covered by operating cash flow (33.4%).
Interest Coverage: DSM2's interest payments on its debt are well covered by EBIT (8x coverage).