Celanese Balance Sheet Health
Financial Health criteria checks 1/6
Celanese has a total shareholder equity of $6.1B and total debt of $14.2B, which brings its debt-to-equity ratio to 233.9%. Its total assets and total liabilities are $25.6B and $19.6B respectively. Celanese's EBIT is $1.1B making its interest coverage ratio 2.2. It has cash and short-term investments of $1.3B.
Key information
233.9%
Debt to equity ratio
US$14.24b
Debt
| Interest coverage ratio | 2.2x |
| Cash | US$1.30b |
| Equity | US$6.09b |
| Total liabilities | US$19.56b |
| Total assets | US$25.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CE *'s short term assets ($6.3B) exceed its short term liabilities ($3.9B).
Long Term Liabilities: CE *'s short term assets ($6.3B) do not cover its long term liabilities ($15.6B).
Debt to Equity History and Analysis
Debt Level: CE *'s net debt to equity ratio (212.6%) is considered high.
Reducing Debt: CE *'s debt to equity ratio has increased from 94.9% to 233.9% over the past 5 years.
Debt Coverage: CE *'s debt is not well covered by operating cash flow (11.8%).
Interest Coverage: CE *'s interest payments on its debt are not well covered by EBIT (2.2x coverage).