L'Air Liquide Balance Sheet Health

Financial Health criteria checks 4/6

L'Air Liquide has a total shareholder equity of €25.4B and total debt of €11.9B, which brings its debt-to-equity ratio to 47%. Its total assets and total liabilities are €49.9B and €24.5B respectively. L'Air Liquide's EBIT is €4.9B making its interest coverage ratio 15.5. It has cash and short-term investments of €1.8B.

Key information

47.0%

Debt to equity ratio

€11.94b

Debt

Interest coverage ratio15.5x
Cash€1.79b
Equity€25.41b
Total liabilities€24.48b
Total assets€49.89b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: AIQU.F's short term assets (€8.0B) do not cover its short term liabilities (€10.4B).

Long Term Liabilities: AIQU.F's short term assets (€8.0B) do not cover its long term liabilities (€14.1B).


Debt to Equity History and Analysis

Debt Level: AIQU.F's net debt to equity ratio (40%) is considered satisfactory.

Reducing Debt: AIQU.F's debt to equity ratio has reduced from 82% to 47% over the past 5 years.

Debt Coverage: AIQU.F's debt is well covered by operating cash flow (51.5%).

Interest Coverage: AIQU.F's interest payments on its debt are well covered by EBIT (15.5x coverage).


Balance Sheet


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