Wacker Chemie Balance Sheet Health
Financial Health criteria checks 6/6
Wacker Chemie has a total shareholder equity of €4.7B and total debt of €1.6B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are €9.0B and €4.3B respectively. Wacker Chemie's EBIT is €201.2M making its interest coverage ratio -14.9. It has cash and short-term investments of €1.2B.
Key information
33.1%
Debt to equity ratio
€1.56b
Debt
Interest coverage ratio | -14.9x |
Cash | €1.20b |
Equity | €4.71b |
Total liabilities | €4.31b |
Total assets | €9.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCH's short term assets (€3.9B) exceed its short term liabilities (€1.8B).
Long Term Liabilities: WCH's short term assets (€3.9B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: WCH's net debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: WCH's debt to equity ratio has reduced from 38.4% to 33.1% over the past 5 years.
Debt Coverage: WCH's debt is well covered by operating cash flow (51.4%).
Interest Coverage: WCH earns more interest than it pays, so coverage of interest payments is not a concern.