Clariane Balance Sheet Health
Financial Health criteria checks 0/6
Clariane has a total shareholder equity of €3.9B and total debt of €4.4B, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are €14.8B and €10.9B respectively. Clariane's EBIT is €280.6M making its interest coverage ratio 1.2. It has cash and short-term investments of €411.3M.
Key information
113.4%
Debt to equity ratio
€4.39b
Debt
Interest coverage ratio | 1.2x |
Cash | €411.26m |
Equity | €3.87b |
Total liabilities | €10.90b |
Total assets | €14.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLARIP's short term assets (€1.8B) do not cover its short term liabilities (€3.5B).
Long Term Liabilities: CLARIP's short term assets (€1.8B) do not cover its long term liabilities (€7.4B).
Debt to Equity History and Analysis
Debt Level: CLARIP's net debt to equity ratio (102.8%) is considered high.
Reducing Debt: CLARIP's debt to equity ratio has increased from 79.4% to 113.4% over the past 5 years.
Debt Coverage: CLARIP's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: CLARIP's interest payments on its debt are not well covered by EBIT (1.2x coverage).