LyondellBasell Industries Balance Sheet Health
Financial Health criteria checks 4/6
LyondellBasell Industries has a total shareholder equity of $13.6B and total debt of $11.2B, which brings its debt-to-equity ratio to 82.8%. Its total assets and total liabilities are $37.1B and $23.5B respectively. LyondellBasell Industries's EBIT is $3.2B making its interest coverage ratio 9.4. It has cash and short-term investments of $2.9B.
Key information
82.8%
Debt to equity ratio
US$11.25b
Debt
| Interest coverage ratio | 9.4x |
| Cash | US$2.86b |
| Equity | US$13.58b |
| Total liabilities | US$23.49b |
| Total assets | US$37.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0EDD's short term assets ($12.9B) exceed its short term liabilities ($6.1B).
Long Term Liabilities: 0EDD's short term assets ($12.9B) do not cover its long term liabilities ($17.3B).
Debt to Equity History and Analysis
Debt Level: 0EDD's net debt to equity ratio (61.8%) is considered high.
Reducing Debt: 0EDD's debt to equity ratio has reduced from 96.3% to 82.8% over the past 5 years.
Debt Coverage: 0EDD's debt is well covered by operating cash flow (39.2%).
Interest Coverage: 0EDD's interest payments on its debt are well covered by EBIT (9.4x coverage).