Sonova Holding Balance Sheet Health
Financial Health criteria checks 3/6
Sonova Holding has a total shareholder equity of CHF2.5B and total debt of CHF1.5B, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are CHF5.8B and CHF3.3B respectively. Sonova Holding's EBIT is CHF707.3M making its interest coverage ratio 30.2. It has cash and short-term investments of CHF513.8M.
Key information
60.8%
Debt to equity ratio
CHF1.52b
Debt
Interest coverage ratio | 30.2x |
Cash | CHF513.80m |
Equity | CHF2.49b |
Total liabilities | CHF3.30b |
Total assets | CHF5.79b |
Recent financial health updates
No updates
Recent updates
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Financial Position Analysis
Short Term Liabilities: SOONz's short term assets (CHF1.7B) exceed its short term liabilities (CHF1.1B).
Long Term Liabilities: SOONz's short term assets (CHF1.7B) do not cover its long term liabilities (CHF2.2B).
Debt to Equity History and Analysis
Debt Level: SOONz's net debt to equity ratio (40.2%) is considered high.
Reducing Debt: SOONz's debt to equity ratio has increased from 25.7% to 60.8% over the past 5 years.
Debt Coverage: SOONz's debt is well covered by operating cash flow (49.7%).
Interest Coverage: SOONz's interest payments on its debt are well covered by EBIT (30.2x coverage).