ABB Balance Sheet Health
Financial Health criteria checks 5/6
ABB has a total shareholder equity of $13.5B and total debt of $8.4B, which brings its debt-to-equity ratio to 62.2%. Its total assets and total liabilities are $41.1B and $27.6B respectively. ABB's EBIT is $4.9B making its interest coverage ratio 611.3. It has cash and short-term investments of $6.2B.
Key information
62.2%
Debt to equity ratio
US$8.38b
Debt
Interest coverage ratio | 611.3x |
Cash | US$6.20b |
Equity | US$13.47b |
Total liabilities | US$27.64b |
Total assets | US$41.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NX2's short term assets ($21.8B) exceed its short term liabilities ($17.8B).
Long Term Liabilities: 0NX2's short term assets ($21.8B) exceed its long term liabilities ($9.9B).
Debt to Equity History and Analysis
Debt Level: 0NX2's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: 0NX2's debt to equity ratio has increased from 55.2% to 62.2% over the past 5 years.
Debt Coverage: 0NX2's debt is well covered by operating cash flow (56.5%).
Interest Coverage: 0NX2's interest payments on its debt are well covered by EBIT (611.3x coverage).