Celanese Balance Sheet Health
Financial Health criteria checks 1/6
Celanese has a total shareholder equity of $7.7B and total debt of $12.8B, which brings its debt-to-equity ratio to 165.5%. Its total assets and total liabilities are $25.9B and $18.2B respectively. Celanese's EBIT is $1.1B making its interest coverage ratio 2.1. It has cash and short-term investments of $813.0M.
Key information
165.5%
Debt to equity ratio
US$12.77b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$813.00m |
| Equity | US$7.72b |
| Total liabilities | US$18.17b |
| Total assets | US$25.89b |
Recent financial health updates
Here's Why Celanese (NYSE:CE) Has A Meaningful Debt Burden
Sep 27
Is Celanese (NYSE:CE) Using Too Much Debt?
Jun 26Here's Why Celanese (NYSE:CE) Has A Meaningful Debt Burden
Feb 29Celanese (NYSE:CE) Takes On Some Risk With Its Use Of Debt
Nov 09Is Celanese (NYSE:CE) A Risky Investment?
Jul 30Is Celanese (NYSE:CE) A Risky Investment?
Apr 22Recent updates
Celanese Corporation: The Pain Of Leverage
Nov 12Celanese Corporation Just Missed EPS By 61%: Here's What Analysts Think Will Happen Next
Nov 06Celanese: Sold In January 2024, Back In Again With A 'Buy'
Oct 21Celanese (NYSE:CE) Is Due To Pay A Dividend Of $0.70
Oct 21Here's Why Celanese (NYSE:CE) Has A Meaningful Debt Burden
Sep 27Celanese Corporation's (NYSE:CE) Earnings Are Not Doing Enough For Some Investors
Aug 15Celanese Corporation: Margin Expansion Story Doesn't Offset Leverage Risks
Aug 07Celanese (NYSE:CE) Is Paying Out A Dividend Of $0.70
Jul 21Is Celanese (NYSE:CE) Using Too Much Debt?
Jun 26Is Celanese Corporation (NYSE:CE) Potentially Undervalued?
Jun 08Celanese: Debt Front Loaded, Performance Still On Drawing Board
May 23Celanese's (NYSE:CE) Attractive Earnings Are Not All Good News For Shareholders
May 21Shareholders May Find It Hard To Justify A Pay Rise For Celanese Corporation's (NYSE:CE) CEO This Year
May 07Celanese's (NYSE:CE) Dividend Will Be $0.70
Apr 22Celanese Corporation's (NYSE:CE) Business And Shares Still Trailing The Market
Apr 09Celanese: Appetite For Acquisitions Remains
Mar 11Here's Why Celanese (NYSE:CE) Has A Meaningful Debt Burden
Feb 29Celanese (NYSE:CE) Will Pay A Dividend Of $0.70
Feb 11Celanese Corporation (NYSE:CE) Shares Could Be 30% Below Their Intrinsic Value Estimate
Jan 25Is Now The Time To Look At Buying Celanese Corporation (NYSE:CE)?
Jan 07Celanese Corporation: A Sign Of Relief
Dec 27Celanese Corporation's (NYSE:CE) Earnings Are Not Doing Enough For Some Investors
Dec 20Celanese (NYSE:CE) Takes On Some Risk With Its Use Of Debt
Nov 09Celanese's (NYSE:CE) Dividend Will Be $0.70
Oct 22Celanese: Highly Leveraged Specialty Materials Leader
Oct 18Celanese Corporation (NYSE:CE) Shares Could Be 39% Below Their Intrinsic Value Estimate
Oct 17Is It Too Late To Consider Buying Celanese Corporation (NYSE:CE)?
Sep 29Celanese: Business Is So Bad They're Dusting Off COVID Operating Model
Aug 09Is Celanese (NYSE:CE) A Risky Investment?
Jul 30Is Celanese Corporation (NYSE:CE) Trading At A 33% Discount?
Jul 12Celanese: A Bad Deal Sinking The Stock
Jul 07Should You Think About Buying Celanese Corporation (NYSE:CE) Now?
Jun 23Celanese: Clear Lake Is A Catalyst, Rewards Outweigh Risks
Jun 22Is Celanese (NYSE:CE) A Risky Investment?
Apr 22An Intrinsic Calculation For Celanese Corporation (NYSE:CE) Suggests It's 30% Undervalued
Apr 04What Is Celanese Corporation's (NYSE:CE) Share Price Doing?
Mar 20Celanese, Mitsui launch new Food Ingredients venture, extend Fairway Methanol JV
Feb 23Celanese (NYSE:CE) Is Increasing Its Dividend To $0.70
Feb 12Celanese expanding portfolio of sustainable products across Acetyl Chain
Feb 08Is Celanese (NYSE:CE) Using Too Much Debt?
Jan 10Is Celanese Corporation (NYSE:CE) Trading At A 46% Discount?
Dec 26Celanese: The Seed Is Planted, Now Watch Returns Grow
Dec 16What Is Celanese Corporation's (NYSE:CE) Share Price Doing?
Dec 11Celanese Non-GAAP EPS of $3.94 misses by $0.03, revenue of $2.3B beats by $40M
Nov 03Celanese (NYSE:CE) Is Increasing Its Dividend To $0.70
Oct 23Financial Position Analysis
Short Term Liabilities: CE's short term assets ($5.7B) exceed its short term liabilities ($4.2B).
Long Term Liabilities: CE's short term assets ($5.7B) do not cover its long term liabilities ($14.0B).
Debt to Equity History and Analysis
Debt Level: CE's net debt to equity ratio (154.9%) is considered high.
Reducing Debt: CE's debt to equity ratio has increased from 115.8% to 165.5% over the past 5 years.
Debt Coverage: CE's debt is not well covered by operating cash flow (10.2%).
Interest Coverage: CE's interest payments on its debt are not well covered by EBIT (2.1x coverage).