Alcon Balance Sheet Health
Financial Health criteria checks 4/6
Alcon has a total shareholder equity of $20.8B and total debt of $4.7B, which brings its debt-to-equity ratio to 22.5%. Its total assets and total liabilities are $29.6B and $8.7B respectively. Alcon's EBIT is $1.1B making its interest coverage ratio 7.9. It has cash and short-term investments of $1.1B.
Key information
22.5%
Debt to equity ratio
US$4.69b
Debt
| Interest coverage ratio | 7.9x |
| Cash | US$1.15b |
| Equity | US$20.83b |
| Total liabilities | US$8.74b |
| Total assets | US$29.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALC N's short term assets ($5.7B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: ALC N's short term assets ($5.7B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: ALC N's net debt to equity ratio (17%) is considered satisfactory.
Reducing Debt: ALC N's debt to equity ratio has increased from 0.9% to 22.5% over the past 5 years.
Debt Coverage: ALC N's debt is well covered by operating cash flow (35%).
Interest Coverage: ALC N's interest payments on its debt are well covered by EBIT (7.9x coverage).