Celanese Balance Sheet Health
Financial Health criteria checks 1/6
Celanese has a total shareholder equity of $7.7B and total debt of $12.8B, which brings its debt-to-equity ratio to 165.5%. Its total assets and total liabilities are $25.9B and $18.2B respectively. Celanese's EBIT is $1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of $813.0M.
Key information
165.5%
Debt to equity ratio
US$12.77b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$813.00m |
| Equity | US$7.72b |
| Total liabilities | US$18.17b |
| Total assets | US$25.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CE *'s short term assets ($5.7B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: CE *'s short term assets ($5.7B) do not cover its long term liabilities ($14.0B).
Debt to Equity History and Analysis
Debt Level: CE *'s net debt to equity ratio (154.9%) is considered high.
Reducing Debt: CE *'s debt to equity ratio has increased from 115.8% to 165.5% over the past 5 years.
Debt Coverage: CE *'s debt is not well covered by operating cash flow (10.2%).
Interest Coverage: CE *'s interest payments on its debt are not well covered by EBIT (2.1x coverage).