Sanofi Balance Sheet Health
Financial Health criteria checks 6/6
Sanofi has a total shareholder equity of €72.9B and total debt of €21.0B, which brings its debt-to-equity ratio to 28.8%. Its total assets and total liabilities are €125.4B and €52.4B respectively. Sanofi's EBIT is €10.0B making its interest coverage ratio 36.7. It has cash and short-term investments of €8.0B.
Key information
28.8%
Debt to equity ratio
€21.03b
Debt
Interest coverage ratio | 36.7x |
Cash | €7.99b |
Equity | €72.95b |
Total liabilities | €52.41b |
Total assets | €125.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAN1 N's short term assets (€30.2B) exceed its short term liabilities (€24.8B).
Long Term Liabilities: SAN1 N's short term assets (€30.2B) exceed its long term liabilities (€27.6B).
Debt to Equity History and Analysis
Debt Level: SAN1 N's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: SAN1 N's debt to equity ratio has reduced from 51.3% to 28.8% over the past 5 years.
Debt Coverage: SAN1 N's debt is well covered by operating cash flow (48.8%).
Interest Coverage: SAN1 N's interest payments on its debt are well covered by EBIT (36.7x coverage).