Ecolab Balance Sheet Health
Financial Health criteria checks 3/6
Ecolab has a total shareholder equity of $8.1B and total debt of $8.2B, which brings its debt-to-equity ratio to 101.2%. Its total assets and total liabilities are $21.8B and $13.8B respectively. Ecolab's EBIT is $2.2B making its interest coverage ratio 7.4. It has cash and short-term investments of $919.5M.
Key information
101.2%
Debt to equity ratio
US$8.17b
Debt
Interest coverage ratio | 7.4x |
Cash | US$919.50m |
Equity | US$8.07b |
Total liabilities | US$13.77b |
Total assets | US$21.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECJ's short term assets ($5.6B) exceed its short term liabilities ($4.3B).
Long Term Liabilities: ECJ's short term assets ($5.6B) do not cover its long term liabilities ($9.4B).
Debt to Equity History and Analysis
Debt Level: ECJ's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: ECJ's debt to equity ratio has increased from 87.4% to 101.2% over the past 5 years.
Debt Coverage: ECJ's debt is well covered by operating cash flow (29.5%).
Interest Coverage: ECJ's interest payments on its debt are well covered by EBIT (7.4x coverage).