Akzo Nobel Balance Sheet Health
Financial Health criteria checks 3/6
Akzo Nobel has a total shareholder equity of €4.7B and total debt of €5.4B, which brings its debt-to-equity ratio to 115.1%. Its total assets and total liabilities are €14.5B and €9.8B respectively. Akzo Nobel's EBIT is €1.1B making its interest coverage ratio 8.1. It has cash and short-term investments of €1.2B.
Key information
115.1%
Debt to equity ratio
€5.42b
Debt
| Interest coverage ratio | 8.1x |
| Cash | €1.17b |
| Equity | €4.71b |
| Total liabilities | €9.77b |
| Total assets | €14.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A00's short term assets (€6.1B) exceed its short term liabilities (€5.5B).
Long Term Liabilities: 0A00's short term assets (€6.1B) exceed its long term liabilities (€4.3B).
Debt to Equity History and Analysis
Debt Level: 0A00's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: 0A00's debt to equity ratio has increased from 32.5% to 115.1% over the past 5 years.
Debt Coverage: 0A00's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 0A00's interest payments on its debt are well covered by EBIT (8.1x coverage).