Linde Balance Sheet Health
Financial Health criteria checks 2/6
Linde has a total shareholder equity of $39.6B and total debt of $21.5B, which brings its debt-to-equity ratio to 54.4%. Its total assets and total liabilities are $80.2B and $40.7B respectively. Linde's EBIT is $8.6B making its interest coverage ratio 26.2. It has cash and short-term investments of $4.6B.
Key information
54.4%
Debt to equity ratio
US$21.52b
Debt
| Interest coverage ratio | 26.2x |
| Cash | US$4.63b |
| Equity | US$39.55b |
| Total liabilities | US$40.66b |
| Total assets | US$80.22b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIN's short term assets ($12.8B) do not cover its short term liabilities ($13.5B).
Long Term Liabilities: LIN's short term assets ($12.8B) do not cover its long term liabilities ($27.2B).
Debt to Equity History and Analysis
Debt Level: LIN's net debt to equity ratio (42.7%) is considered high.
Reducing Debt: LIN's debt to equity ratio has increased from 26.1% to 54.4% over the past 5 years.
Debt Coverage: LIN's debt is well covered by operating cash flow (42.4%).
Interest Coverage: LIN's interest payments on its debt are well covered by EBIT (26.2x coverage).