ABB Balance Sheet Health
Financial Health criteria checks 6/6
ABB has a total shareholder equity of $14.1B and total debt of $7.9B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are $40.9B and $26.8B respectively. ABB's EBIT is $4.9B making its interest coverage ratio -31.6. It has cash and short-term investments of $5.8B.
Key information
55.7%
Debt to equity ratio
US$7.89b
Debt
Interest coverage ratio | -31.6x |
Cash | US$5.82b |
Equity | US$14.15b |
Total liabilities | US$26.79b |
Total assets | US$40.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ABB U's short term assets ($21.3B) exceed its short term liabilities ($18.0B).
Long Term Liabilities: ABB U's short term assets ($21.3B) exceed its long term liabilities ($8.8B).
Debt to Equity History and Analysis
Debt Level: ABB U's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: ABB U's debt to equity ratio has reduced from 58.2% to 55.7% over the past 5 years.
Debt Coverage: ABB U's debt is well covered by operating cash flow (54.4%).
Interest Coverage: ABB U earns more interest than it pays, so coverage of interest payments is not a concern.