BASF Balance Sheet Health
Financial Health criteria checks 4/6
BASF has a total shareholder equity of €36.0B and total debt of €22.3B, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are €79.4B and €43.3B respectively. BASF's EBIT is €2.1B making its interest coverage ratio 5.5. It has cash and short-term investments of €2.6B.
Key information
61.9%
Debt to equity ratio
€22.31b
Debt
| Interest coverage ratio | 5.5x |
| Cash | €2.61b |
| Equity | €36.05b |
| Total liabilities | €43.31b |
| Total assets | €79.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BASF's short term assets (€31.7B) exceed its short term liabilities (€17.0B).
Long Term Liabilities: BASF's short term assets (€31.7B) exceed its long term liabilities (€26.3B).
Debt to Equity History and Analysis
Debt Level: BASF's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: BASF's debt to equity ratio has increased from 48.4% to 61.9% over the past 5 years.
Debt Coverage: BASF's debt is well covered by operating cash flow (34.7%).
Interest Coverage: BASF's interest payments on its debt are well covered by EBIT (5.5x coverage).