Wacker Chemie Balance Sheet Health
Financial Health criteria checks 6/6
Wacker Chemie has a total shareholder equity of €4.6B and total debt of €1.3B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are €8.7B and €4.1B respectively. Wacker Chemie's EBIT is €724.3M making its interest coverage ratio 181.1. It has cash and short-term investments of €1.1B.
Key information
27.8%
Debt to equity ratio
€1.28b
Debt
Interest coverage ratio | 181.1x |
Cash | €1.14b |
Equity | €4.61b |
Total liabilities | €4.10b |
Total assets | €8.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCH N's short term assets (€3.9B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: WCH N's short term assets (€3.9B) exceed its long term liabilities (€2.4B).
Debt to Equity History and Analysis
Debt Level: WCH N's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: WCH N's debt to equity ratio has reduced from 33.5% to 27.8% over the past 5 years.
Debt Coverage: WCH N's debt is well covered by operating cash flow (79.7%).
Interest Coverage: WCH N's interest payments on its debt are well covered by EBIT (181.1x coverage).