Alcon Balance Sheet Health
Financial Health criteria checks 4/6
Alcon has a total shareholder equity of $21.4B and total debt of $4.7B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are $30.4B and $9.0B respectively. Alcon's EBIT is $1.2B making its interest coverage ratio 8.3. It has cash and short-term investments of $2.0B.
Key information
21.9%
Debt to equity ratio
US$4.69b
Debt
| Interest coverage ratio | 8.3x |
| Cash | US$1.99b |
| Equity | US$21.39b |
| Total liabilities | US$8.97b |
| Total assets | US$30.36b |
Recent financial health updates
No updates
Recent updates
Alcon: An Eyecare Leader With Strong Profit Margins, But Overheated Valuation
Feb 04Alcon Q2: Positive News From Unity VCS/CS And AR-15512
Sep 04Alcon: Trading At An Undeserved Premium Valuation
Aug 01Alcon Q1: Robust Product Pipeline Drives Future Growth (Rating Upgrade)
May 14Alcon: Buy An Eyecare Leader With $2 Billion In Quarterly Sales
Oct 10Alcon: Lackluster Growth Given Its Valuation
Jul 26Alcon: The Steady Force Of 'Boring'
Jun 27Alcon reached $199M settlement with J&J Surgical Vision
Feb 13Alcon: Case Of Growth Destructive To Value, Reiterate Hold At 24x Earnings
Feb 01Alcon a buy at Mizuho on 'eyecare dominance'
Dec 22Alcon Q3 2022 Earnings Preview
Nov 14Alcon: Looking To Break Downtrend Before Entry
Sep 04Alcon downgraded to hold at Societe Generale on macro headwinds
Aug 11Alcon: Revisiting The Investment Thesis
Jun 03The Recent Pullback Makes Alcon More Attractive
Mar 18Alcon: Good Quarterly Results, But It Is Still Expensive
Dec 22Looking At Alcon Through A Different Lens
Sep 11Alcon Inc. 2021 Q1 - Results - Earnings Call Presentation
May 06Alcon to acquire U.S. commercialization rights to ophthalmic eye drops Simbrinza from Novartis
Apr 28Alcon: Global Leader In An Attractive End-Market
Dec 16Financial Position Analysis
Short Term Liabilities: ALC's short term assets ($6.3B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: ALC's short term assets ($6.3B) do not cover its long term liabilities ($6.5B).
Debt to Equity History and Analysis
Debt Level: ALC's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: ALC's debt to equity ratio has increased from 17.9% to 21.9% over the past 5 years.
Debt Coverage: ALC's debt is well covered by operating cash flow (44.1%).
Interest Coverage: ALC's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/12 02:27 |
| End of Day Share Price | 2025/02/12 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 * |
|---|---|---|---|
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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 Github.
Analyst Sources
Alcon Inc. is covered by 63 analysts. 22 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 |
|---|---|
| Rishabh Kochar | AlphaValue |
| null null | Argus Research Company |
| Jeffrey Johnson | Baird |