Akzo Nobel Balance Sheet Health
Financial Health criteria checks 3/6
Akzo Nobel has a total shareholder equity of €4.8B and total debt of €6.2B, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are €15.3B and €10.5B respectively. Akzo Nobel's EBIT is €1.0B making its interest coverage ratio 7.9. It has cash and short-term investments of €2.2B.
Key information
129.9%
Debt to equity ratio
€6.25b
Debt
| Interest coverage ratio | 7.9x |
| Cash | €2.18b |
| Equity | €4.81b |
| Total liabilities | €10.54b |
| Total assets | €15.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKZO.F's short term assets (€7.0B) exceed its short term liabilities (€5.8B).
Long Term Liabilities: AKZO.F's short term assets (€7.0B) exceed its long term liabilities (€4.8B).
Debt to Equity History and Analysis
Debt Level: AKZO.F's net debt to equity ratio (84.6%) is considered high.
Reducing Debt: AKZO.F's debt to equity ratio has increased from 34% to 129.9% over the past 5 years.
Debt Coverage: AKZO.F's debt is not well covered by operating cash flow (13.5%).
Interest Coverage: AKZO.F's interest payments on its debt are well covered by EBIT (7.9x coverage).