Danone Balance Sheet Health
Financial Health criteria checks 3/6
Danone has a total shareholder equity of €16.2B and total debt of €15.4B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are €44.5B and €28.3B respectively. Danone's EBIT is €3.6B making its interest coverage ratio 20.6. It has cash and short-term investments of €6.0B.
Key information
94.9%
Debt to equity ratio
€15.39b
Debt
Interest coverage ratio | 20.6x |
Cash | €6.00b |
Equity | €16.22b |
Total liabilities | €28.26b |
Total assets | €44.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BNP's short term assets (€12.9B) do not cover its short term liabilities (€13.8B).
Long Term Liabilities: BNP's short term assets (€12.9B) do not cover its long term liabilities (€14.4B).
Debt to Equity History and Analysis
Debt Level: BNP's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: BNP's debt to equity ratio has reduced from 106.3% to 94.9% over the past 5 years.
Debt Coverage: BNP's debt is well covered by operating cash flow (22.4%).
Interest Coverage: BNP's interest payments on its debt are well covered by EBIT (20.6x coverage).