Arkema Balance Sheet Health
Financial Health criteria checks 5/6
Arkema has a total shareholder equity of €8.0B and total debt of €4.3B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are €15.1B and €7.1B respectively. Arkema's EBIT is €687.0M making its interest coverage ratio 28.6. It has cash and short-term investments of €2.3B.
Key information
53.6%
Debt to equity ratio
€4.28b
Debt
Interest coverage ratio | 28.6x |
Cash | €2.32b |
Equity | €7.99b |
Total liabilities | €7.13b |
Total assets | €15.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKEP's short term assets (€5.4B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: AKEP's short term assets (€5.4B) exceed its long term liabilities (€4.3B).
Debt to Equity History and Analysis
Debt Level: AKEP's net debt to equity ratio (24.6%) is considered satisfactory.
Reducing Debt: AKEP's debt to equity ratio has increased from 47.5% to 53.6% over the past 5 years.
Debt Coverage: AKEP's debt is well covered by operating cash flow (28.4%).
Interest Coverage: AKEP's interest payments on its debt are well covered by EBIT (28.6x coverage).