Wacker Chemie Balance Sheet Health
Financial Health criteria checks 6/6
Wacker Chemie has a total shareholder equity of €4.6B and total debt of €1.8B, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are €8.9B and €4.4B respectively. Wacker Chemie's EBIT is €92.1M making its interest coverage ratio -16.2. It has cash and short-term investments of €978.6M.
Key information
39.1%
Debt to equity ratio
€1.80b
Debt
| Interest coverage ratio | -16.2x |
| Cash | €978.60m |
| Equity | €4.59b |
| Total liabilities | €4.36b |
| Total assets | €8.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WKCM.F's short term assets (€3.8B) exceed its short term liabilities (€1.4B).
Long Term Liabilities: WKCM.F's short term assets (€3.8B) exceed its long term liabilities (€2.9B).
Debt to Equity History and Analysis
Debt Level: WKCM.F's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: WKCM.F's debt to equity ratio has reduced from 48.9% to 39.1% over the past 5 years.
Debt Coverage: WKCM.F's debt is well covered by operating cash flow (20.1%).
Interest Coverage: WKCM.F earns more interest than it pays, so coverage of interest payments is not a concern.