ABB Balance Sheet Health
Financial Health criteria checks 6/6
ABB has a total shareholder equity of $13.4B and total debt of $8.5B, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are $39.9B and $26.4B respectively. ABB's EBIT is $4.5B making its interest coverage ratio -67.7. It has cash and short-term investments of $4.1B.
Key information
63.0%
Debt to equity ratio
US$8.47b
Debt
| Interest coverage ratio | -67.7x |
| Cash | US$4.12b |
| Equity | US$13.43b |
| Total liabilities | US$26.43b |
| Total assets | US$39.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABB N's short term assets ($20.5B) exceed its short term liabilities ($18.0B).
Long Term Liabilities: ABB N's short term assets ($20.5B) exceed its long term liabilities ($8.4B).
Debt to Equity History and Analysis
Debt Level: ABB N's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: ABB N's debt to equity ratio has reduced from 72.3% to 63% over the past 5 years.
Debt Coverage: ABB N's debt is well covered by operating cash flow (29.8%).
Interest Coverage: ABB N earns more interest than it pays, so coverage of interest payments is not a concern.