Sandoz Group Balance Sheet Health
Financial Health criteria checks 2/6
Sandoz Group has a total shareholder equity of $8.4B and total debt of $4.1B, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $19.3B and $11.0B respectively. Sandoz Group's EBIT is $245.0M making its interest coverage ratio 1. It has cash and short-term investments of $701.0M.
Key information
49.5%
Debt to equity ratio
US$4.15b
Debt
| Interest coverage ratio | 1x |
| Cash | US$701.00m |
| Equity | US$8.37b |
| Total liabilities | US$10.95b |
| Total assets | US$19.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: D8Y0's short term assets ($7.3B) exceed its short term liabilities ($6.0B).
Long Term Liabilities: D8Y0's short term assets ($7.3B) exceed its long term liabilities ($4.9B).
Debt to Equity History and Analysis
Debt Level: D8Y0's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: Insufficient data to determine if D8Y0's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: D8Y0's debt is not well covered by operating cash flow (12.2%).
Interest Coverage: D8Y0's interest payments on its debt are not well covered by EBIT (1x coverage).