Clariane Balance Sheet Health
Financial Health criteria checks 2/6
Clariane has a total shareholder equity of €3.9B and total debt of €4.3B, which brings its debt-to-equity ratio to 111.1%. Its total assets and total liabilities are €14.6B and €10.8B respectively. Clariane's EBIT is €304.5M making its interest coverage ratio 1. It has cash and short-term investments of €522.4M.
Key information
111.1%
Debt to equity ratio
€4.29b
Debt
| Interest coverage ratio | 1x |
| Cash | €522.45m |
| Equity | €3.86b |
| Total liabilities | €10.76b |
| Total assets | €14.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0OPS's short term assets (€1.9B) do not cover its short term liabilities (€3.2B).
Long Term Liabilities: 0OPS's short term assets (€1.9B) do not cover its long term liabilities (€7.6B).
Debt to Equity History and Analysis
Debt Level: 0OPS's net debt to equity ratio (97.6%) is considered high.
Reducing Debt: 0OPS's debt to equity ratio has reduced from 111.3% to 111.1% over the past 5 years.
Debt Coverage: 0OPS's debt is well covered by operating cash flow (21.8%).
Interest Coverage: 0OPS's interest payments on its debt are not well covered by EBIT (1x coverage).