BASF Balance Sheet Health
Financial Health criteria checks 4/6
BASF has a total shareholder equity of €38.6B and total debt of €22.8B, which brings its debt-to-equity ratio to 59%. Its total assets and total liabilities are €81.7B and €43.2B respectively. BASF's EBIT is €2.7B making its interest coverage ratio 6.6. It has cash and short-term investments of €2.8B.
Key information
59.0%
Debt to equity ratio
€22.75b
Debt
| Interest coverage ratio | 6.6x |
| Cash | €2.84b |
| Equity | €38.56b |
| Total liabilities | €43.18b |
| Total assets | €81.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAS N's short term assets (€34.8B) exceed its short term liabilities (€16.7B).
Long Term Liabilities: BAS N's short term assets (€34.8B) exceed its long term liabilities (€26.5B).
Debt to Equity History and Analysis
Debt Level: BAS N's net debt to equity ratio (51.6%) is considered high.
Reducing Debt: BAS N's debt to equity ratio has increased from 57.6% to 59% over the past 5 years.
Debt Coverage: BAS N's debt is well covered by operating cash flow (37.9%).
Interest Coverage: BAS N's interest payments on its debt are well covered by EBIT (6.6x coverage).