Sanofi Balance Sheet Health
Financial Health criteria checks 6/6
Sanofi has a total shareholder equity of €74.4B and total debt of €18.4B, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are €126.5B and €52.1B respectively. Sanofi's EBIT is €8.8B making its interest coverage ratio 115.9. It has cash and short-term investments of €8.7B.
Key information
24.8%
Debt to equity ratio
€18.42b
Debt
Interest coverage ratio | 115.9x |
Cash | €8.71b |
Equity | €74.35b |
Total liabilities | €52.11b |
Total assets | €126.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SAN's short term assets (€30.7B) exceed its short term liabilities (€24.2B).
Long Term Liabilities: 1SAN's short term assets (€30.7B) exceed its long term liabilities (€27.9B).
Debt to Equity History and Analysis
Debt Level: 1SAN's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 1SAN's debt to equity ratio has reduced from 41.7% to 24.8% over the past 5 years.
Debt Coverage: 1SAN's debt is well covered by operating cash flow (55.7%).
Interest Coverage: 1SAN's interest payments on its debt are well covered by EBIT (115.9x coverage).