LANXESS Balance Sheet Health
Financial Health criteria checks 3/6
LANXESS has a total shareholder equity of €4.6B and total debt of €3.0B, which brings its debt-to-equity ratio to 66%. Its total assets and total liabilities are €9.7B and €5.2B respectively.
Key information
66.0%
Debt to equity ratio
€3.01b
Debt
Interest coverage ratio | n/a |
Cash | €387.00m |
Equity | €4.56b |
Total liabilities | €5.15b |
Total assets | €9.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LX9B's short term assets (€3.0B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: LX9B's short term assets (€3.0B) do not cover its long term liabilities (€3.9B).
Debt to Equity History and Analysis
Debt Level: LX9B's net debt to equity ratio (57.5%) is considered high.
Reducing Debt: LX9B's debt to equity ratio has reduced from 101.7% to 66% over the past 5 years.
Debt Coverage: LX9B's debt is well covered by operating cash flow (20.9%).
Interest Coverage: Insufficient data to determine if LX9B's interest payments on its debt are well covered by EBIT.