Ecolab Balance Sheet Health
Financial Health criteria checks 3/6
Ecolab has a total shareholder equity of $8.3B and total debt of $7.5B, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $21.5B and $13.2B respectively. Ecolab's EBIT is $2.5B making its interest coverage ratio 8.5. It has cash and short-term investments of $384.0M.
Key information
90.6%
Debt to equity ratio
US$7.53b
Debt
| Interest coverage ratio | 8.5x |
| Cash | US$384.00m |
| Equity | US$8.31b |
| Total liabilities | US$13.15b |
| Total assets | US$21.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IFA's short term assets ($5.8B) exceed its short term liabilities ($3.8B).
Long Term Liabilities: 0IFA's short term assets ($5.8B) do not cover its long term liabilities ($9.3B).
Debt to Equity History and Analysis
Debt Level: 0IFA's net debt to equity ratio (86%) is considered high.
Reducing Debt: 0IFA's debt to equity ratio has increased from 85.3% to 90.6% over the past 5 years.
Debt Coverage: 0IFA's debt is well covered by operating cash flow (38.5%).
Interest Coverage: 0IFA's interest payments on its debt are well covered by EBIT (8.5x coverage).