BASF Balance Sheet Health
Financial Health criteria checks 5/6
BASF has a total shareholder equity of €38.6B and total debt of €21.0B, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are €81.7B and €43.2B respectively. BASF's EBIT is €2.7B making its interest coverage ratio 6.6. It has cash and short-term investments of €2.8B.
Key information
54.5%
Debt to equity ratio
€21.02b
Debt
Interest coverage ratio | 6.6x |
Cash | €2.84b |
Equity | €38.56b |
Total liabilities | €43.18b |
Total assets | €81.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0BFA's short term assets (€34.8B) exceed its short term liabilities (€16.7B).
Long Term Liabilities: 0BFA's short term assets (€34.8B) exceed its long term liabilities (€26.5B).
Debt to Equity History and Analysis
Debt Level: 0BFA's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: 0BFA's debt to equity ratio has reduced from 57.6% to 54.5% over the past 5 years.
Debt Coverage: 0BFA's debt is well covered by operating cash flow (41%).
Interest Coverage: 0BFA's interest payments on its debt are well covered by EBIT (6.6x coverage).