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DSM-Firmenich Balance Sheet Health
Financial Health criteria checks 6/6
DSM-Firmenich has a total shareholder equity of €10.8B and total debt of €2.9B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are €17.4B and €6.6B respectively. DSM-Firmenich's EBIT is €652.0M making its interest coverage ratio 8. It has cash and short-term investments of €2.9B.
Key information
26.6%
Debt to equity ratio
€2.89b
Debt
| Interest coverage ratio | 8x |
| Cash | €2.88b |
| Equity | €10.85b |
| Total liabilities | €6.56b |
| Total assets | €17.40b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DSM N's short term assets (€8.1B) exceed its short term liabilities (€2.6B).
Long Term Liabilities: DSM N's short term assets (€8.1B) exceed its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: DSM N's net debt to equity ratio (0.06%) is considered satisfactory.
Reducing Debt: DSM N's debt to equity ratio has reduced from 37.4% to 26.6% over the past 5 years.
Debt Coverage: DSM N's debt is well covered by operating cash flow (33.4%).
Interest Coverage: DSM N's interest payments on its debt are well covered by EBIT (8x coverage).