Sodexo Balance Sheet Health
Financial Health criteria checks 4/6
Sodexo has a total shareholder equity of €3.8B and total debt of €4.7B, which brings its debt-to-equity ratio to 124.8%. Its total assets and total liabilities are €15.0B and €11.2B respectively. Sodexo's EBIT is €1.0B making its interest coverage ratio 13.1. It has cash and short-term investments of €2.1B.
Key information
124.8%
Debt to equity ratio
€4.74b
Debt
| Interest coverage ratio | 13.1x |
| Cash | €2.14b |
| Equity | €3.80b |
| Total liabilities | €11.23b |
| Total assets | €15.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0J3F's short term assets (€6.4B) exceed its short term liabilities (€5.9B).
Long Term Liabilities: 0J3F's short term assets (€6.4B) exceed its long term liabilities (€5.3B).
Debt to Equity History and Analysis
Debt Level: 0J3F's net debt to equity ratio (68.5%) is considered high.
Reducing Debt: 0J3F's debt to equity ratio has increased from 91.6% to 124.8% over the past 5 years.
Debt Coverage: 0J3F's debt is well covered by operating cash flow (27.9%).
Interest Coverage: 0J3F's interest payments on its debt are well covered by EBIT (13.1x coverage).