Danone Balance Sheet Health

Financial Health criteria checks 3/6

Danone has a total shareholder equity of €16.8B and total debt of €15.5B, which brings its debt-to-equity ratio to 92.1%. Its total assets and total liabilities are €45.4B and €28.6B respectively. Danone's EBIT is €3.5B making its interest coverage ratio 18.1. It has cash and short-term investments of €6.3B.

Key information

92.1%

Debt to equity ratio

€15.48b

Debt

Interest coverage ratio18.1x
Cash€6.27b
Equity€16.80b
Total liabilities€28.59b
Total assets€45.39b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BN N's short term assets (€13.3B) do not cover its short term liabilities (€14.6B).

Long Term Liabilities: BN N's short term assets (€13.3B) do not cover its long term liabilities (€14.0B).


Debt to Equity History and Analysis

Debt Level: BN N's net debt to equity ratio (54.8%) is considered high.

Reducing Debt: BN N's debt to equity ratio has reduced from 111.8% to 92.1% over the past 5 years.

Debt Coverage: BN N's debt is well covered by operating cash flow (22.8%).

Interest Coverage: BN N's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


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