Linde Balance Sheet Health
Financial Health criteria checks 2/6
Linde has a total shareholder equity of $40.6B and total debt of $22.3B, which brings its debt-to-equity ratio to 54.8%. Its total assets and total liabilities are $82.5B and $41.9B respectively. Linde's EBIT is $8.8B making its interest coverage ratio 35.1. It has cash and short-term investments of $5.2B.
Key information
54.8%
Debt to equity ratio
US$22.26b
Debt
| Interest coverage ratio | 35.1x |
| Cash | US$5.19b |
| Equity | US$40.60b |
| Total liabilities | US$41.94b |
| Total assets | US$82.55b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M2B's short term assets ($13.5B) do not cover its short term liabilities ($14.0B).
Long Term Liabilities: 0M2B's short term assets ($13.5B) do not cover its long term liabilities ($27.9B).
Debt to Equity History and Analysis
Debt Level: 0M2B's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: 0M2B's debt to equity ratio has increased from 25.5% to 54.8% over the past 5 years.
Debt Coverage: 0M2B's debt is well covered by operating cash flow (42%).
Interest Coverage: 0M2B's interest payments on its debt are well covered by EBIT (35.1x coverage).