BASF Balance Sheet Health
Financial Health criteria checks 4/6
BASF has a total shareholder equity of €36.7B and total debt of €23.7B, which brings its debt-to-equity ratio to 64.6%. Its total assets and total liabilities are €82.4B and €45.7B respectively. BASF's EBIT is €2.2B making its interest coverage ratio 5.7. It has cash and short-term investments of €2.3B.
Key information
64.6%
Debt to equity ratio
€23.73b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €2.29b |
| Equity | €36.72b |
| Total liabilities | €45.73b |
| Total assets | €82.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BASF's short term assets (€33.8B) exceed its short term liabilities (€19.9B).
Long Term Liabilities: BASF's short term assets (€33.8B) exceed its long term liabilities (€25.8B).
Debt to Equity History and Analysis
Debt Level: BASF's net debt to equity ratio (58.4%) is considered high.
Reducing Debt: BASF's debt to equity ratio has increased from 51.5% to 64.6% over the past 5 years.
Debt Coverage: BASF's debt is well covered by operating cash flow (35.3%).
Interest Coverage: BASF's interest payments on its debt are well covered by EBIT (5.7x coverage).