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 ratio7.9x
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.Y's short term assets (€7.0B) exceed its short term liabilities (€5.8B).

Long Term Liabilities: AKZO.Y's short term assets (€7.0B) exceed its long term liabilities (€4.8B).


Debt to Equity History and Analysis

Debt Level: AKZO.Y's net debt to equity ratio (84.6%) is considered high.

Reducing Debt: AKZO.Y's debt to equity ratio has increased from 34% to 129.9% over the past 5 years.

Debt Coverage: AKZO.Y's debt is not well covered by operating cash flow (13.5%).

Interest Coverage: AKZO.Y's interest payments on its debt are well covered by EBIT (7.9x coverage).


Balance Sheet


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