Akzo Nobel Balance Sheet Health
Financial Health criteria checks 3/6
Akzo Nobel has a total shareholder equity of €4.8B and total debt of €6.2B, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are €15.3B and €10.5B respectively. Akzo Nobel's EBIT is €1.0B making its interest coverage ratio 7.9. It has cash and short-term investments of €2.2B.
Key information
129.9%
Debt to equity ratio
€6.25b
Debt
Interest coverage ratio | 7.9x |
Cash | €2.18b |
Equity | €4.81b |
Total liabilities | €10.54b |
Total assets | €15.35b |
Recent financial health updates
Is Akzo Nobel (AMS:AKZA) A Risky Investment?
Oct 14We Think Akzo Nobel (AMS:AKZA) Can Stay On Top Of Its Debt
Jul 03We Think Akzo Nobel (AMS:AKZA) Can Stay On Top Of Its Debt
Mar 10Recent updates
Why Akzo Nobel N.V. (AMS:AKZA) Could Be Worth Watching
Nov 25Is Akzo Nobel (AMS:AKZA) A Risky Investment?
Oct 14Why We're Not Concerned About Akzo Nobel N.V.'s (AMS:AKZA) Share Price
Oct 01Akzo Nobel's (AMS:AKZA) Returns On Capital Are Heading Higher
Sep 17What Is Akzo Nobel N.V.'s (AMS:AKZA) Share Price Doing?
Aug 21Akzo Nobel N.V. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 26We Think Akzo Nobel (AMS:AKZA) Can Stay On Top Of Its Debt
Jul 03Akzo Nobel N.V. (AMS:AKZA) Shares Could Be 28% Below Their Intrinsic Value Estimate
Jun 20Akzo Nobel (AMS:AKZA) Is Doing The Right Things To Multiply Its Share Price
Jun 06Market Cool On Akzo Nobel N.V.'s (AMS:AKZA) Earnings
May 10Should You Investigate Akzo Nobel N.V. (AMS:AKZA) At €66.58?
Mar 25We Think Akzo Nobel (AMS:AKZA) Can Stay On Top Of Its Debt
Mar 10Akzo Nobel (AMS:AKZA) Is Doing The Right Things To Multiply Its Share Price
Feb 23Is There An Opportunity With Akzo Nobel N.V.'s (AMS:AKZA) 44% Undervaluation?
Jan 24Financial Position Analysis
Short Term Liabilities: AKZA's short term assets (€7.0B) exceed its short term liabilities (€5.8B).
Long Term Liabilities: AKZA's short term assets (€7.0B) exceed its long term liabilities (€4.8B).
Debt to Equity History and Analysis
Debt Level: AKZA's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: AKZA's debt to equity ratio has increased from 34% to 129.9% over the past 5 years.
Debt Coverage: AKZA's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: AKZA's interest payments on its debt are well covered by EBIT (7.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/20 19:05 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/09/30 |
Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package | Data | Timeframe | Example US Source * |
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Company Financials | 10 years |
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Analyst Consensus Estimates | +3 years |
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Market Prices | 30 years |
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Ownership | 10 years |
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Management | 10 years |
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Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Akzo Nobel N.V. is covered by 59 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst | Institution |
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Mutlu Gundogan | ABN AMRO Bank N.V. |
Martin Schnee | AlphaValue |
Colin Isaac | Atlantic Equities LLP |