Symrise Balance Sheet Health
Financial Health criteria checks 4/6
Symrise has a total shareholder equity of €3.7B and total debt of €2.4B, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are €7.8B and €4.2B respectively. Symrise's EBIT is €535.8M making its interest coverage ratio 6.7. It has cash and short-term investments of €393.0M.
Key information
64.4%
Debt to equity ratio
€2.37b
Debt
Interest coverage ratio | 6.7x |
Cash | €393.03m |
Equity | €3.69b |
Total liabilities | €4.16b |
Total assets | €7.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYIE.F's short term assets (€2.7B) exceed its short term liabilities (€936.6M).
Long Term Liabilities: SYIE.F's short term assets (€2.7B) do not cover its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: SYIE.F's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: SYIE.F's debt to equity ratio has reduced from 85.3% to 64.4% over the past 5 years.
Debt Coverage: SYIE.F's debt is well covered by operating cash flow (30.3%).
Interest Coverage: SYIE.F's interest payments on its debt are well covered by EBIT (6.7x coverage).