L'Air Liquide Balance Sheet Health
Financial Health criteria checks 4/6
L'Air Liquide has a total shareholder equity of €25.0B and total debt of €10.9B, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are €48.3B and €23.3B respectively. L'Air Liquide's EBIT is €4.8B making its interest coverage ratio 15.8. It has cash and short-term investments of €1.6B.
Key information
43.4%
Debt to equity ratio
€10.86b
Debt
Interest coverage ratio | 15.8x |
Cash | €1.62b |
Equity | €25.04b |
Total liabilities | €23.29b |
Total assets | €48.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AIQU.Y's short term assets (€7.7B) do not cover its short term liabilities (€8.8B).
Long Term Liabilities: AIQU.Y's short term assets (€7.7B) do not cover its long term liabilities (€14.4B).
Debt to Equity History and Analysis
Debt Level: AIQU.Y's net debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: AIQU.Y's debt to equity ratio has reduced from 78.3% to 43.4% over the past 5 years.
Debt Coverage: AIQU.Y's debt is well covered by operating cash flow (57.7%).
Interest Coverage: AIQU.Y's interest payments on its debt are well covered by EBIT (15.8x coverage).