Bayer Balance Sheet Health
Financial Health criteria checks 2/6
Bayer has a total shareholder equity of €35.8B and total debt of €45.3B, which brings its debt-to-equity ratio to 126.5%. Its total assets and total liabilities are €119.9B and €84.0B respectively. Bayer's EBIT is €7.2B making its interest coverage ratio 8.6. It has cash and short-term investments of €10.0B.
Key information
126.5%
Debt to equity ratio
€45.33b
Debt
| Interest coverage ratio | 8.6x |
| Cash | €10.02b |
| Equity | €35.85b |
| Total liabilities | €84.01b |
| Total assets | €119.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAY's short term assets (€40.1B) exceed its short term liabilities (€31.6B).
Long Term Liabilities: BAY's short term assets (€40.1B) do not cover its long term liabilities (€52.5B).
Debt to Equity History and Analysis
Debt Level: BAY's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: BAY's debt to equity ratio has increased from 93.5% to 126.5% over the past 5 years.
Debt Coverage: BAY's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: BAY's interest payments on its debt are well covered by EBIT (8.6x coverage).