LyondellBasell Industries Balance Sheet Health
Financial Health criteria checks 4/6
LyondellBasell Industries has a total shareholder equity of $13.8B and total debt of $11.3B, which brings its debt-to-equity ratio to 81.6%. Its total assets and total liabilities are $37.3B and $23.4B respectively. LyondellBasell Industries's EBIT is $3.0B making its interest coverage ratio 8.9. It has cash and short-term investments of $2.6B.
Key information
81.6%
Debt to equity ratio
US$11.29b
Debt
| Interest coverage ratio | 8.9x |
| Cash | US$2.65b |
| Equity | US$13.84b |
| Total liabilities | US$23.42b |
| Total assets | US$37.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYB N's short term assets ($12.7B) exceed its short term liabilities ($6.0B).
Long Term Liabilities: LYB N's short term assets ($12.7B) do not cover its long term liabilities ($17.4B).
Debt to Equity History and Analysis
Debt Level: LYB N's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: LYB N's debt to equity ratio has reduced from 153.3% to 81.6% over the past 5 years.
Debt Coverage: LYB N's debt is well covered by operating cash flow (30.2%).
Interest Coverage: LYB N's interest payments on its debt are well covered by EBIT (8.9x coverage).