Celanese Balance Sheet Health
Financial Health criteria checks 1/6
Celanese has a total shareholder equity of $7.5B and total debt of $13.3B, which brings its debt-to-equity ratio to 176.8%. Its total assets and total liabilities are $26.0B and $18.5B respectively. Celanese's EBIT is $1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of $1.5B.
Key information
176.8%
Debt to equity ratio
US$13.32b
Debt
Interest coverage ratio | 2.1x |
Cash | US$1.48b |
Equity | US$7.53b |
Total liabilities | US$18.50b |
Total assets | US$26.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HUR's short term assets ($5.9B) exceed its short term liabilities ($4.9B).
Long Term Liabilities: 0HUR's short term assets ($5.9B) do not cover its long term liabilities ($13.6B).
Debt to Equity History and Analysis
Debt Level: 0HUR's net debt to equity ratio (157.1%) is considered high.
Reducing Debt: 0HUR's debt to equity ratio has increased from 102.8% to 176.8% over the past 5 years.
Debt Coverage: 0HUR's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 0HUR's interest payments on its debt are not well covered by EBIT (2.1x coverage).