Sika Balance Sheet Health
Financial Health criteria checks 4/6
Sika has a total shareholder equity of CHF6.4B and total debt of CHF6.0B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are CHF16.1B and CHF9.7B respectively. Sika's EBIT is CHF1.8B making its interest coverage ratio 10.9. It has cash and short-term investments of CHF648.2M.
Key information
93.6%
Debt to equity ratio
CHF 6.02b
Debt
| Interest coverage ratio | 10.9x |
| Cash | CHF 648.20m |
| Equity | CHF 6.43b |
| Total liabilities | CHF 9.71b |
| Total assets | CHF 16.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIKA N's short term assets (CHF4.8B) exceed its short term liabilities (CHF3.3B).
Long Term Liabilities: SIKA N's short term assets (CHF4.8B) do not cover its long term liabilities (CHF6.4B).
Debt to Equity History and Analysis
Debt Level: SIKA N's net debt to equity ratio (83.6%) is considered high.
Reducing Debt: SIKA N's debt to equity ratio has reduced from 157.7% to 93.6% over the past 5 years.
Debt Coverage: SIKA N's debt is well covered by operating cash flow (29.3%).
Interest Coverage: SIKA N's interest payments on its debt are well covered by EBIT (10.9x coverage).