Sherwin-Williams Balance Sheet Health
Financial Health criteria checks 2/6
Sherwin-Williams has a total shareholder equity of $4.2B and total debt of $10.1B, which brings its debt-to-equity ratio to 244%. Its total assets and total liabilities are $24.0B and $19.8B respectively. Sherwin-Williams's EBIT is $3.8B making its interest coverage ratio 9.6. It has cash and short-term investments of $238.2M.
Key information
244.0%
Debt to equity ratio
US$10.14b
Debt
| Interest coverage ratio | 9.6x |
| Cash | US$238.20m |
| Equity | US$4.16b |
| Total liabilities | US$19.81b |
| Total assets | US$23.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SJ3's short term assets ($6.0B) do not cover its short term liabilities ($7.2B).
Long Term Liabilities: SJ3's short term assets ($6.0B) do not cover its long term liabilities ($12.6B).
Debt to Equity History and Analysis
Debt Level: SJ3's net debt to equity ratio (238.2%) is considered high.
Reducing Debt: SJ3's debt to equity ratio has increased from 221.4% to 244% over the past 5 years.
Debt Coverage: SJ3's debt is well covered by operating cash flow (30.9%).
Interest Coverage: SJ3's interest payments on its debt are well covered by EBIT (9.6x coverage).