Sherwin-Williams Balance Sheet Health
Financial Health criteria checks 2/6
Sherwin-Williams has a total shareholder equity of $3.5B and total debt of $10.7B, which brings its debt-to-equity ratio to 306.4%. Its total assets and total liabilities are $23.4B and $19.9B respectively. Sherwin-Williams's EBIT is $3.6B making its interest coverage ratio 9.5. It has cash and short-term investments of $179.9M.
Key information
306.4%
Debt to equity ratio
US$10.73b
Debt
Interest coverage ratio | 9.5x |
Cash | US$179.90m |
Equity | US$3.50b |
Total liabilities | US$19.92b |
Total assets | US$23.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJ3's short term assets ($5.8B) do not cover its short term liabilities ($7.5B).
Long Term Liabilities: SJ3's short term assets ($5.8B) do not cover its long term liabilities ($12.4B).
Debt to Equity History and Analysis
Debt Level: SJ3's net debt to equity ratio (301.3%) is considered high.
Reducing Debt: SJ3's debt to equity ratio has increased from 284.1% to 306.4% over the past 5 years.
Debt Coverage: SJ3's debt is well covered by operating cash flow (32.8%).
Interest Coverage: SJ3's interest payments on its debt are well covered by EBIT (9.5x coverage).