LANXESS Balance Sheet Health
Financial Health criteria checks 3/6
LANXESS has a total shareholder equity of €4.6B and total debt of €3.0B, which brings its debt-to-equity ratio to 65.7%. Its total assets and total liabilities are €9.7B and €5.1B respectively.
Key information
65.7%
Debt to equity ratio
€3.00b
Debt
| Interest coverage ratio | n/a |
| Cash | €440.00m |
| Equity | €4.56b |
| Total liabilities | €5.13b |
| Total assets | €9.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNXS.Y's short term assets (€3.1B) exceed its short term liabilities (€1.7B).
Long Term Liabilities: LNXS.Y's short term assets (€3.1B) do not cover its long term liabilities (€3.4B).
Debt to Equity History and Analysis
Debt Level: LNXS.Y's net debt to equity ratio (56%) is considered high.
Reducing Debt: LNXS.Y's debt to equity ratio has reduced from 107.6% to 65.7% over the past 5 years.
Debt Coverage: LNXS.Y's debt is well covered by operating cash flow (23.6%).
Interest Coverage: Insufficient data to determine if LNXS.Y's interest payments on its debt are well covered by EBIT.