Solvay Balance Sheet Health

Financial Health criteria checks 3/6

Solvay has a total shareholder equity of €1.3B and total debt of €2.2B, which brings its debt-to-equity ratio to 164.1%. Its total assets and total liabilities are €6.5B and €5.2B respectively. Solvay's EBIT is €593.0M making its interest coverage ratio 6.4. It has cash and short-term investments of €589.0M.

Key information

164.1%

Debt to equity ratio

€2.18b

Debt

Interest coverage ratio6.4x
Cash€589.00m
Equity€1.33b
Total liabilities€5.21b
Total assets€6.54b

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0NZR's short term assets (€2.4B) exceed its short term liabilities (€1.7B).

Long Term Liabilities: 0NZR's short term assets (€2.4B) do not cover its long term liabilities (€3.5B).


Debt to Equity History and Analysis

Debt Level: 0NZR's net debt to equity ratio (119.7%) is considered high.

Reducing Debt: 0NZR's debt to equity ratio has increased from 47.4% to 164.1% over the past 5 years.

Debt Coverage: 0NZR's debt is well covered by operating cash flow (28.4%).

Interest Coverage: 0NZR's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


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