Chr. Hansen Holding Balance Sheet Health
Financial Health criteria checks 4/6
Chr. Hansen Holding has a total shareholder equity of €1.9B and total debt of €987.7M, which brings its debt-to-equity ratio to 52%. Its total assets and total liabilities are €3.4B and €1.5B respectively. Chr. Hansen Holding's EBIT is €358.8M making its interest coverage ratio 12.4. It has cash and short-term investments of €56.0M.
Key information
52.0%
Debt to equity ratio
€987.70m
Debt
Interest coverage ratio | 12.4x |
Cash | €56.00m |
Equity | €1.90b |
Total liabilities | €1.53b |
Total assets | €3.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CRTS.F's short term assets (€521.2M) exceed its short term liabilities (€362.3M).
Long Term Liabilities: CRTS.F's short term assets (€521.2M) do not cover its long term liabilities (€1.2B).
Debt to Equity History and Analysis
Debt Level: CRTS.F's net debt to equity ratio (49%) is considered high.
Reducing Debt: CRTS.F's debt to equity ratio has reduced from 94.3% to 52% over the past 5 years.
Debt Coverage: CRTS.F's debt is well covered by operating cash flow (32.1%).
Interest Coverage: CRTS.F's interest payments on its debt are well covered by EBIT (12.4x coverage).