Henkel KGaA Balance Sheet Health
Financial Health criteria checks 6/6
Henkel KGaA has a total shareholder equity of €20.0B and total debt of €2.3B, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are €31.7B and €11.7B respectively. Henkel KGaA's EBIT is €2.7B making its interest coverage ratio 81.2. It has cash and short-term investments of €2.2B.
Key information
11.4%
Debt to equity ratio
€2.27b
Debt
Interest coverage ratio | 81.2x |
Cash | €2.19b |
Equity | €20.00b |
Total liabilities | €11.73b |
Total assets | €31.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HENKEL's short term assets (€9.3B) exceed its short term liabilities (€7.8B).
Long Term Liabilities: HENKEL's short term assets (€9.3B) exceed its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: HENKEL's net debt to equity ratio (0.4%) is considered satisfactory.
Reducing Debt: HENKEL's debt to equity ratio has reduced from 24.6% to 11.4% over the past 5 years.
Debt Coverage: HENKEL's debt is well covered by operating cash flow (143.2%).
Interest Coverage: HENKEL's interest payments on its debt are well covered by EBIT (81.2x coverage).