Umicore Balance Sheet Health
Financial Health criteria checks 4/6
Umicore has a total shareholder equity of €2.0B and total debt of €2.7B, which brings its debt-to-equity ratio to 134.8%. Its total assets and total liabilities are €8.2B and €6.2B respectively. Umicore's EBIT is €331.5M making its interest coverage ratio 4.9. It has cash and short-term investments of €1.3B.
Key information
134.8%
Debt to equity ratio
€2.71b
Debt
| Interest coverage ratio | 4.9x |
| Cash | €1.30b |
| Equity | €2.01b |
| Total liabilities | €6.22b |
| Total assets | €8.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RUY's short term assets (€4.9B) exceed its short term liabilities (€3.7B).
Long Term Liabilities: 0RUY's short term assets (€4.9B) exceed its long term liabilities (€2.5B).
Debt to Equity History and Analysis
Debt Level: 0RUY's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: 0RUY's debt to equity ratio has increased from 50.9% to 134.8% over the past 5 years.
Debt Coverage: 0RUY's debt is well covered by operating cash flow (42.8%).
Interest Coverage: 0RUY's interest payments on its debt are well covered by EBIT (4.9x coverage).