Croda International Balance Sheet Health
Financial Health criteria checks 6/6
Croda International has a total shareholder equity of £2.4B and total debt of £625.1M, which brings its debt-to-equity ratio to 26.4%. Its total assets and total liabilities are £3.6B and £1.2B respectively. Croda International's EBIT is £252.9M making its interest coverage ratio 15.2. It has cash and short-term investments of £172.5M.
Key information
26.4%
Debt to equity ratio
UK£625.10m
Debt
Interest coverage ratio | 15.2x |
Cash | UK£172.50m |
Equity | UK£2.37b |
Total liabilities | UK£1.21b |
Total assets | UK£3.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: COIH.Y's short term assets (£909.4M) exceed its short term liabilities (£320.2M).
Long Term Liabilities: COIH.Y's short term assets (£909.4M) exceed its long term liabilities (£890.9M).
Debt to Equity History and Analysis
Debt Level: COIH.Y's net debt to equity ratio (19.1%) is considered satisfactory.
Reducing Debt: COIH.Y's debt to equity ratio has reduced from 49.7% to 26.4% over the past 5 years.
Debt Coverage: COIH.Y's debt is well covered by operating cash flow (54%).
Interest Coverage: COIH.Y's interest payments on its debt are well covered by EBIT (15.2x coverage).