Umicore Balance Sheet Health
Financial Health criteria checks 5/6
Umicore has a total shareholder equity of €3.7B and total debt of €2.7B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are €10.0B and €6.3B respectively. Umicore's EBIT is €641.2M making its interest coverage ratio 8.3. It has cash and short-term investments of €1.5B.
Key information
72.5%
Debt to equity ratio
€2.68b
Debt
| Interest coverage ratio | 8.3x |
| Cash | €1.52b |
| Equity | €3.70b |
| Total liabilities | €6.27b |
| Total assets | €9.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UMI N's short term assets (€5.8B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: UMI N's short term assets (€5.8B) exceed its long term liabilities (€2.7B).
Debt to Equity History and Analysis
Debt Level: UMI N's net debt to equity ratio (31.5%) is considered satisfactory.
Reducing Debt: UMI N's debt to equity ratio has increased from 43.1% to 72.5% over the past 5 years.
Debt Coverage: UMI N's debt is well covered by operating cash flow (38.9%).
Interest Coverage: UMI N's interest payments on its debt are well covered by EBIT (8.3x coverage).