Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
LyondellBasell Industries N.V., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | LyondellBasell Industries N.V. debt to equity ratio deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | LyondellBasell Industries N.V. debt to equity ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | LyondellBasell Industries N.V. debt to capital ratio deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | LyondellBasell Industries N.V. debt to capital ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | LyondellBasell Industries N.V. debt to assets ratio improved from Q4 2018 to Q1 2019 but then deteriorated significantly from Q1 2019 to Q2 2019. |
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | LyondellBasell Industries N.V. debt to assets ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | LyondellBasell Industries N.V. financial leverage ratio increased from Q4 2018 to Q1 2019 but then slightly decreased from Q1 2019 to Q2 2019. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | LyondellBasell Industries N.V. interest coverage ratio deteriorated from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019. |
Debt to Equity
LyondellBasell Industries N.V., debt to equity calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total Company share of stockholders’ equity | 10,721) | 10,138) | 10,257) | 11,044) | 10,602) | 9,728) | 8,949) | 7,326) | 6,866) | 6,462) | 6,048) | 6,082) | 6,283) | 6,344) | 6,550) | 7,328) | 7,927) | 7,478) | 8,314) | 9,843) | 10,753) | 11,791) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity1 | 0.97 | 0.98 | 0.92 | 0.78 | 0.81 | 0.89 | 0.96 | 1.22 | 1.32 | 1.40 | 1.48 | 1.49 | 1.45 | 1.43 | 1.23 | 1.14 | 1.05 | 1.11 | 0.85 | 0.69 | 0.63 | 0.58 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.28 | 0.28 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Sherwin-Williams Co. | 2.52 | 2.84 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to equity = Total debt ÷ Total Company share of stockholders’ equity
= 10,402 ÷ 10,721 = 0.97
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | LyondellBasell Industries N.V. debt to equity ratio deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
Debt to Equity (including Operating Lease Liability)
LyondellBasell Industries N.V., debt to equity (including operating lease liability) calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Operating lease liabilities | 1,304) | 1,282) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 11,706) | 11,186) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total Company share of stockholders’ equity | 10,721) | 10,138) | 10,257) | 11,044) | 10,602) | 9,728) | 8,949) | 7,326) | 6,866) | 6,462) | 6,048) | 6,082) | 6,283) | 6,344) | 6,550) | 7,328) | 7,927) | 7,478) | 8,314) | 9,843) | 10,753) | 11,791) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity (including operating lease liability)1 | 1.09 | 1.10 | 0.92 | 0.78 | 0.81 | 0.89 | 0.96 | 1.22 | 1.32 | 1.40 | 1.48 | 1.49 | 1.45 | 1.43 | 1.23 | 1.14 | 1.05 | 1.11 | 0.85 | 0.69 | 0.63 | 0.58 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | 2.98 | 3.34 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Total Company share of stockholders’ equity
= 11,706 ÷ 10,721 = 1.09
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | LyondellBasell Industries N.V. debt to equity ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
Debt to Capital
LyondellBasell Industries N.V., debt to capital calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total Company share of stockholders’ equity | 10,721) | 10,138) | 10,257) | 11,044) | 10,602) | 9,728) | 8,949) | 7,326) | 6,866) | 6,462) | 6,048) | 6,082) | 6,283) | 6,344) | 6,550) | 7,328) | 7,927) | 7,478) | 8,314) | 9,843) | 10,753) | 11,791) | |||||||
| Total capital | 21,123) | 20,042) | 19,644) | 19,713) | 19,142) | 18,341) | 17,568) | 16,241) | 15,925) | 15,494) | 15,029) | 15,170) | 15,388) | 15,446) | 14,578) | 15,646) | 16,240) | 15,745) | 15,421) | 16,654) | 17,577) | 18,618) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital1 | 0.49 | 0.49 | 0.48 | 0.44 | 0.45 | 0.47 | 0.49 | 0.55 | 0.57 | 0.58 | 0.60 | 0.60 | 0.59 | 0.59 | 0.55 | 0.53 | 0.51 | 0.53 | 0.46 | 0.41 | 0.39 | 0.37 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.22 | 0.22 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Sherwin-Williams Co. | 0.72 | 0.74 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to capital = Total debt ÷ Total capital
= 10,402 ÷ 21,123 = 0.49
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | LyondellBasell Industries N.V. debt to capital ratio deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
Debt to Capital (including Operating Lease Liability)
LyondellBasell Industries N.V., debt to capital (including operating lease liability) calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Operating lease liabilities | 1,304) | 1,282) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 11,706) | 11,186) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total Company share of stockholders’ equity | 10,721) | 10,138) | 10,257) | 11,044) | 10,602) | 9,728) | 8,949) | 7,326) | 6,866) | 6,462) | 6,048) | 6,082) | 6,283) | 6,344) | 6,550) | 7,328) | 7,927) | 7,478) | 8,314) | 9,843) | 10,753) | 11,791) | |||||||
| Total capital (including operating lease liability) | 22,427) | 21,324) | 19,644) | 19,713) | 19,142) | 18,341) | 17,568) | 16,241) | 15,925) | 15,494) | 15,029) | 15,170) | 15,388) | 15,446) | 14,578) | 15,646) | 16,240) | 15,745) | 15,421) | 16,654) | 17,577) | 18,618) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital (including operating lease liability)1 | 0.52 | 0.52 | 0.48 | 0.44 | 0.45 | 0.47 | 0.49 | 0.55 | 0.57 | 0.58 | 0.60 | 0.60 | 0.59 | 0.59 | 0.55 | 0.53 | 0.51 | 0.53 | 0.46 | 0.41 | 0.39 | 0.37 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | 0.75 | 0.77 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 11,706 ÷ 22,427 = 0.52
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to capital (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. | LyondellBasell Industries N.V. debt to capital ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 but then slightly improved from Q1 2019 to Q2 2019. |
Debt to Assets
LyondellBasell Industries N.V., debt to assets calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total assets | 31,171) | 29,889) | 28,278) | 28,696) | 27,023) | 26,896) | 26,206) | 25,243) | 24,118) | 23,768) | 23,442) | 23,419) | 23,435) | 23,572) | 22,757) | 23,935) | 24,605) | 24,006) | 24,283) | 25,631) | 26,656) | 27,827) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets1 | 0.33 | 0.33 | 0.33 | 0.30 | 0.32 | 0.32 | 0.33 | 0.35 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.39 | 0.35 | 0.35 | 0.34 | 0.34 | 0.29 | 0.27 | 0.26 | 0.25 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 0.16 | 0.15 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Sherwin-Williams Co. | 0.45 | 0.47 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to assets = Total debt ÷ Total assets
= 10,402 ÷ 31,171 = 0.33
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | LyondellBasell Industries N.V. debt to assets ratio improved from Q4 2018 to Q1 2019 but then deteriorated significantly from Q1 2019 to Q2 2019. |
Debt to Assets (including Operating Lease Liability)
LyondellBasell Industries N.V., debt to assets (including operating lease liability) calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Current maturities of long-term debt | 4) | 5) | 5) | 984) | 974) | 5) | 2) | 3) | 2) | 2) | 2) | 3) | 4) | 4) | 4) | 3) | 3) | 4) | 4) | 2) | 3) | 3) | |||||||
| Short-term debt | 2,812) | 2,377) | 885) | 214) | 76) | 77) | 68) | 381) | 561) | 611) | 594) | 621) | 616) | 594) | 353) | 573) | 582) | 514) | 346) | 56) | 55) | 58) | |||||||
| Long-term debt, excluding current maturities | 7,586) | 7,522) | 8,497) | 7,471) | 7,490) | 8,531) | 8,549) | 8,531) | 8,496) | 8,419) | 8,385) | 8,464) | 8,485) | 8,504) | 7,671) | 7,742) | 7,728) | 7,749) | 6,757) | 6,753) | 6,766) | 6,766) | |||||||
| Total debt | 10,402) | 9,904) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Operating lease liabilities | 1,304) | 1,282) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 11,706) | 11,186) | 9,387) | 8,669) | 8,540) | 8,613) | 8,619) | 8,915) | 9,059) | 9,032) | 8,981) | 9,088) | 9,105) | 9,102) | 8,028) | 8,318) | 8,313) | 8,267) | 7,107) | 6,811) | 6,824) | 6,827) | |||||||
| Total assets | 31,171) | 29,889) | 28,278) | 28,696) | 27,023) | 26,896) | 26,206) | 25,243) | 24,118) | 23,768) | 23,442) | 23,419) | 23,435) | 23,572) | 22,757) | 23,935) | 24,605) | 24,006) | 24,283) | 25,631) | 26,656) | 27,827) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets (including operating lease liability)1 | 0.38 | 0.37 | 0.33 | 0.30 | 0.32 | 0.32 | 0.33 | 0.35 | 0.38 | 0.38 | 0.38 | 0.39 | 0.39 | 0.39 | 0.35 | 0.35 | 0.34 | 0.34 | 0.29 | 0.27 | 0.26 | 0.25 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | 0.53 | 0.55 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 11,706 ÷ 31,171 = 0.38
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | LyondellBasell Industries N.V. debt to assets ratio (including operating lease liability) deteriorated from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019. |
Financial Leverage
LyondellBasell Industries N.V., financial leverage calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Total assets | 31,171) | 29,889) | 28,278) | 28,696) | 27,023) | 26,896) | 26,206) | 25,243) | 24,118) | 23,768) | 23,442) | 23,419) | 23,435) | 23,572) | 22,757) | 23,935) | 24,605) | 24,006) | 24,283) | 25,631) | 26,656) | 27,827) | |||||||
| Total Company share of stockholders’ equity | 10,721) | 10,138) | 10,257) | 11,044) | 10,602) | 9,728) | 8,949) | 7,326) | 6,866) | 6,462) | 6,048) | 6,082) | 6,283) | 6,344) | 6,550) | 7,328) | 7,927) | 7,478) | 8,314) | 9,843) | 10,753) | 11,791) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Financial leverage1 | 2.91 | 2.95 | 2.76 | 2.60 | 2.55 | 2.76 | 2.93 | 3.45 | 3.51 | 3.68 | 3.88 | 3.85 | 3.73 | 3.72 | 3.47 | 3.27 | 3.10 | 3.21 | 2.92 | 2.60 | 2.48 | 2.36 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||
| Linde plc | 1.72 | 1.79 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
| Sherwin-Williams Co. | 5.65 | 6.06 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Financial leverage = Total assets ÷ Total Company share of stockholders’ equity
= 31,171 ÷ 10,721 = 2.91
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | LyondellBasell Industries N.V. financial leverage ratio increased from Q4 2018 to Q1 2019 but then slightly decreased from Q1 2019 to Q2 2019. |
Interest Coverage
LyondellBasell Industries N.V., interest coverage calculation (quarterly data)
| Jun 30, 2019 | Mar 31, 2019 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||||||||||||||||||||||||||
| Net income attributable to the Company shareholders | 1,002) | 815) | 690) | 1,113) | 1,654) | 1,231) | 1,894) | 1,057) | 1,131) | 797) | 763) | 952) | 1,091) | 1,030) | 795) | 1,185) | 1,330) | 1,166) | 793) | 1,258) | 1,178) | 945) | |||||||
| Add: Net income attributable to noncontrolling interest | 1) | 2) | 2) | —) | —) | —) | —) | (1) | (1) | —) | —) | 1) | —) | —) | —) | 1) | (1) | (2) | (2) | (1) | (2) | (1) | |||||||
| Less: Income (loss) from discontinued operations, net of tax | (3) | —) | (5) | (2) | (1) | —) | (4) | (2) | (4) | (8) | (7) | (2) | (1) | —) | (2) | (3) | 3) | (3) | (5) | (3) | 3) | 1) | |||||||
| Add: Income tax expense | 169) | 203) | 99) | 232) | (21) | 303) | (556) | 380) | 459) | 315) | 282) | 326) | 346) | 432) | 262) | 487) | 541) | 440) | 298) | 434) | 425) | 383) | |||||||
| Add: Interest expense | 81) | 92) | 88) | 90) | 91) | 91) | 95) | 94) | 95) | 207) | 85) | 72) | 83) | 82) | 77) | 85) | 79) | 69) | 72) | 92) | 96) | 92) | |||||||
| Earnings before interest and tax (EBIT) | 1,256) | 1,112) | 884) | 1,437) | 1,725) | 1,625) | 1,437) | 1,532) | 1,688) | 1,327) | 1,137) | 1,353) | 1,521) | 1,544) | 1,136) | 1,761) | 1,946) | 1,676) | 1,166) | 1,786) | 1,694) | 1,418) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Interest coverage1 | 13.36 | 14.29 | 15.75 | 16.96 | 17.03 | 16.75 | 12.19 | 11.82 | 11.99 | 11.94 | 17.25 | 17.69 | 18.23 | 19.77 | 21.03 | 21.47 | 21.07 | 19.22 | 17.23 | — | — | — | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Interest Coverage, Competitors2 | |||||||||||||||||||||||||||||
| Sherwin-Williams Co. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31), 10-K (reporting date: 2014-12-31), 10-Q (reporting date: 2014-09-30), 10-Q (reporting date: 2014-06-30), 10-Q (reporting date: 2014-03-31).
1 Q2 2019 Calculation
Interest coverage
= (EBITQ2 2019
+ EBITQ1 2019
+ EBITQ4 2018
+ EBITQ3 2018)
÷ (Interest expenseQ2 2019
+ Interest expenseQ1 2019
+ Interest expenseQ4 2018
+ Interest expenseQ3 2018)
= (1,256 + 1,112 + 884 + 1,437)
÷ (81 + 92 + 88 + 90)
= 13.36
2 Click competitor name to see calculations.
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | LyondellBasell Industries N.V. interest coverage ratio deteriorated from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019. |