Alcon Balance Sheet Health
Financial Health criteria checks 4/6
Alcon has a total shareholder equity of $21.4B and total debt of $4.7B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are $30.4B and $9.0B respectively. Alcon's EBIT is $1.2B making its interest coverage ratio 8.3. It has cash and short-term investments of $2.0B.
Key information
21.9%
Debt to equity ratio
US$4.69b
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$1.99b |
| Equity | US$21.39b |
| Total liabilities | US$8.97b |
| Total assets | US$30.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALCZ's short term assets ($6.3B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: ALCZ's short term assets ($6.3B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: ALCZ's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: ALCZ's debt to equity ratio has increased from 17.9% to 21.9% over the past 5 years.
Debt Coverage: ALCZ's debt is well covered by operating cash flow (44.1%).
Interest Coverage: ALCZ's interest payments on its debt are well covered by EBIT (8.3x coverage).