Ecolab Balance Sheet Health
Financial Health criteria checks 3/6
Ecolab has a total shareholder equity of $8.2B and total debt of $7.5B, which brings its debt-to-equity ratio to 91.7%. Its total assets and total liabilities are $21.3B and $13.1B respectively. Ecolab's EBIT is $2.4B making its interest coverage ratio 8. It has cash and short-term investments of $479.9M.
Key information
91.7%
Debt to equity ratio
US$7.54b
Debt
Interest coverage ratio | 8x |
Cash | US$479.90m |
Equity | US$8.23b |
Total liabilities | US$13.07b |
Total assets | US$21.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IFA's short term assets ($5.2B) exceed its short term liabilities ($3.7B).
Long Term Liabilities: 0IFA's short term assets ($5.2B) do not cover its long term liabilities ($9.4B).
Debt to Equity History and Analysis
Debt Level: 0IFA's net debt to equity ratio (85.8%) is considered high.
Reducing Debt: 0IFA's debt to equity ratio has increased from 86.3% to 91.7% over the past 5 years.
Debt Coverage: 0IFA's debt is well covered by operating cash flow (32%).
Interest Coverage: 0IFA's interest payments on its debt are well covered by EBIT (8x coverage).