Sika Balance Sheet Health
Financial Health criteria checks 4/6
Sika has a total shareholder equity of CHF5.9B and total debt of CHF5.5B, which brings its debt-to-equity ratio to 92.2%. Its total assets and total liabilities are CHF15.1B and CHF9.1B respectively. Sika's EBIT is CHF1.7B making its interest coverage ratio 8.1. It has cash and short-term investments of CHF648.2M.
Key information
92.2%
Debt to equity ratio
CHF5.47b
Debt
Interest coverage ratio | 8.1x |
Cash | CHF648.20m |
Equity | CHF5.93b |
Total liabilities | CHF9.12b |
Total assets | CHF15.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Z4C's short term assets (CHF4.2B) exceed its short term liabilities (CHF3.4B).
Long Term Liabilities: 0Z4C's short term assets (CHF4.2B) do not cover its long term liabilities (CHF5.7B).
Debt to Equity History and Analysis
Debt Level: 0Z4C's net debt to equity ratio (81.2%) is considered high.
Reducing Debt: 0Z4C's debt to equity ratio has reduced from 180.9% to 92.2% over the past 5 years.
Debt Coverage: 0Z4C's debt is well covered by operating cash flow (30.1%).
Interest Coverage: 0Z4C's interest payments on its debt are well covered by EBIT (8.1x coverage).