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 €5.1B, which brings its debt-to-equity ratio to 106.7%. Its total assets and total liabilities are €14.3B and €9.5B respectively. Akzo Nobel's EBIT is €1.1B making its interest coverage ratio 8.8. It has cash and short-term investments of €1.1B.
Key information
106.7%
Debt to equity ratio
€5.13b
Debt
Interest coverage ratio | 8.8x |
Cash | €1.10b |
Equity | €4.81b |
Total liabilities | €9.50b |
Total assets | €14.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AKZO.Y's short term assets (€5.8B) exceed its short term liabilities (€5.2B).
Long Term Liabilities: AKZO.Y's short term assets (€5.8B) exceed its long term liabilities (€4.3B).
Debt to Equity History and Analysis
Debt Level: AKZO.Y's net debt to equity ratio (83.8%) is considered high.
Reducing Debt: AKZO.Y's debt to equity ratio has increased from 27.5% to 106.7% over the past 5 years.
Debt Coverage: AKZO.Y's debt is not well covered by operating cash flow (19.5%).
Interest Coverage: AKZO.Y's interest payments on its debt are well covered by EBIT (8.8x coverage).