L'Oréal Balance Sheet Health
Financial Health criteria checks 4/6
L'Oréal has a total shareholder equity of €23.6B and total debt of €4.6B, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are €43.0B and €19.4B respectively. L'Oréal's EBIT is €6.2B making its interest coverage ratio -17.1. It has cash and short-term investments of €2.7B.
Key information
19.6%
Debt to equity ratio
€4.63b
Debt
Interest coverage ratio | -17.1x |
Cash | €2.72b |
Equity | €23.59b |
Total liabilities | €19.42b |
Total assets | €43.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OR's short term assets (€12.1B) do not cover its short term liabilities (€16.6B).
Long Term Liabilities: OR's short term assets (€12.1B) exceed its long term liabilities (€2.8B).
Debt to Equity History and Analysis
Debt Level: OR's net debt to equity ratio (8.1%) is considered satisfactory.
Reducing Debt: OR's debt to equity ratio has increased from 5.1% to 19.6% over the past 5 years.
Debt Coverage: OR's debt is well covered by operating cash flow (145.3%).
Interest Coverage: OR earns more interest than it pays, so coverage of interest payments is not a concern.