Savencia Balance Sheet Health
Financial Health criteria checks 6/6
Savencia has a total shareholder equity of €1.9B and total debt of €1.3B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are €4.9B and €3.0B respectively. Savencia's EBIT is €217.8M making its interest coverage ratio 32.3. It has cash and short-term investments of €861.3M.
Key information
69.5%
Debt to equity ratio
€1.34b
Debt
| Interest coverage ratio | 32.3x |
| Cash | €861.34m |
| Equity | €1.93b |
| Total liabilities | €2.99b |
| Total assets | €4.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0DTK's short term assets (€2.9B) exceed its short term liabilities (€2.5B).
Long Term Liabilities: 0DTK's short term assets (€2.9B) exceed its long term liabilities (€539.7M).
Debt to Equity History and Analysis
Debt Level: 0DTK's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: 0DTK's debt to equity ratio has reduced from 88.6% to 69.5% over the past 5 years.
Debt Coverage: 0DTK's debt is well covered by operating cash flow (30.5%).
Interest Coverage: 0DTK's interest payments on its debt are well covered by EBIT (32.3x coverage).