Ecolab Balance Sheet Health
Financial Health criteria checks 3/6
Ecolab has a total shareholder equity of $8.6B and total debt of $7.6B, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are $22.1B and $13.5B respectively. Ecolab's EBIT is $2.6B making its interest coverage ratio 9. It has cash and short-term investments of $1.3B.
Key information
88.6%
Debt to equity ratio
US$7.60b
Debt
| Interest coverage ratio | 9x |
| Cash | US$1.26b |
| Equity | US$8.58b |
| Total liabilities | US$13.53b |
| Total assets | US$22.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECJ's short term assets ($6.1B) exceed its short term liabilities ($4.7B).
Long Term Liabilities: ECJ's short term assets ($6.1B) do not cover its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: ECJ's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: ECJ's debt to equity ratio has increased from 78.3% to 88.6% over the past 5 years.
Debt Coverage: ECJ's debt is well covered by operating cash flow (38.2%).
Interest Coverage: ECJ's interest payments on its debt are well covered by EBIT (9x coverage).