Sherwin-Williams Balance Sheet Health
Financial Health criteria checks 2/6
Sherwin-Williams has a total shareholder equity of $3.5B and total debt of $10.7B, which brings its debt-to-equity ratio to 306.4%. Its total assets and total liabilities are $23.4B and $19.9B respectively. Sherwin-Williams's EBIT is $3.6B making its interest coverage ratio 9.5. It has cash and short-term investments of $179.9M.
Key information
306.4%
Debt to equity ratio
US$10.73b
Debt
| Interest coverage ratio | 9.5x |
| Cash | US$179.90m |
| Equity | US$3.50b |
| Total liabilities | US$19.92b |
| Total assets | US$23.43b |
Recent financial health updates
Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Mar 18
Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Nov 23Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Jul 24Sherwin-Williams (NYSE:SHW) Has A Pretty Healthy Balance Sheet
Apr 04Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Dec 15Recent updates
The Sherwin-Williams Company Just Missed Earnings - But Analysts Have Updated Their Models
Apr 26Sherwin-Williams: Like Watching Paint Dry
Apr 23Is The Sherwin-Williams Company (NYSE:SHW) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 11Is Now The Time To Look At Buying The Sherwin-Williams Company (NYSE:SHW)?
Mar 30Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Mar 18Sherwin-Williams (NYSE:SHW) Could Become A Multi-Bagger
Feb 15Sherwin-Williams Q4: Near Term Outlook Remains Muted
Feb 05The Sherwin-Williams Company (NYSE:SHW) Investors Are Less Pessimistic Than Expected
Feb 03Sherwin-Williams: Rating Upgrade As I Turn Positive On Medium-Term Outlook
Jan 31A Look At The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Jan 10Is The Sherwin-Williams Company (NYSE:SHW) Potentially Undervalued?
Dec 29Sherwin-Williams: Pricing And Moderation Of Raw Material Costs
Dec 28Is Now The Time To Put Sherwin-Williams (NYSE:SHW) On Your Watchlist?
Dec 17Does Sherwin-Williams (NYSE:SHW) Have A Healthy Balance Sheet?
Nov 23Sherwin-Williams: Macroeconomic Weakness Creating Headwinds For The Foreseeable Future
Oct 26Sherwin-Williams' (NYSE:SHW) Dividend Will Be $0.605
Oct 20Calculating The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Oct 01Is Now The Time To Put Sherwin-Williams (NYSE:SHW) On Your Watchlist?
Sep 17Sherwin-Williams: A Well-Managed Business In A Turbulent Economic Landscape
Sep 11Sherwin-Williams: Stable Prospects, Looks Pricey
Aug 31Returns On Capital Are A Standout For Sherwin-Williams (NYSE:SHW)
Aug 20At US$274, Is It Time To Put The Sherwin-Williams Company (NYSE:SHW) On Your Watch List?
Aug 08Sherwin-Williams: A Must Watch Quality Stock
Jul 28Sherwin-Williams (NYSE:SHW) Has Affirmed Its Dividend Of $0.605
Jul 27Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Jul 24Is The Sherwin-Williams Company (NYSE:SHW) Worth US$248 Based On Its Intrinsic Value?
Jun 18With EPS Growth And More, Sherwin-Williams (NYSE:SHW) Makes An Interesting Case
Jun 06The Sherwin-Williams Company: Solid Dividend Portfolio Pick With No Upside
May 29There's Been No Shortage Of Growth Recently For Sherwin-Williams' (NYSE:SHW) Returns On Capital
May 05Sherwin-Williams' (NYSE:SHW) Dividend Will Be Increased To $0.605
Apr 23Sherwin-Williams (NYSE:SHW) Has A Pretty Healthy Balance Sheet
Apr 04Calculating The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Mar 13Sherwin-Williams: Inflated Buybacks, Bleak Near-Term Outlook
Feb 24Sherwin Williams declares $0.605 dividend
Feb 15Should You Be Adding Sherwin-Williams (NYSE:SHW) To Your Watchlist Today?
Feb 11Is Now An Opportune Moment To Examine The Sherwin-Williams Company (NYSE:SHW)?
Jan 31Sherwin Williams Q4 2022 Earnings Preview
Jan 25Investors Will Want Sherwin-Williams' (NYSE:SHW) Growth In ROCE To Persist
Dec 27Is Sherwin-Williams (NYSE:SHW) A Risky Investment?
Dec 15A Look At The Fair Value Of The Sherwin-Williams Company (NYSE:SHW)
Dec 03Sherwin-Williams acquires German wood coatings companies
Nov 08Sherwin Williams Q3 2022 Earnings Preview
Oct 24What Is The Sherwin-Williams Company's (NYSE:SHW) Share Price Doing?
Oct 19Sherwin-Williams Has More Downside As Housing Activity Slows
Oct 18Sherwin-Williams to acquire Italian wood coatings company Industria Chimica
Oct 11Financial Position Analysis
Short Term Liabilities: SHW's short term assets ($5.8B) do not cover its short term liabilities ($7.5B).
Long Term Liabilities: SHW's short term assets ($5.8B) do not cover its long term liabilities ($12.4B).
Debt to Equity History and Analysis
Debt Level: SHW's net debt to equity ratio (301.3%) is considered high.
Reducing Debt: SHW's debt to equity ratio has increased from 284.1% to 306.4% over the past 5 years.
Debt Coverage: SHW's debt is well covered by operating cash flow (31.4%).
Interest Coverage: SHW's interest payments on its debt are well covered by EBIT (9.5x coverage).