Paying users zone. Data is hidden behind: .
Get 1-month access to Linde plc for $17.99, or
get full access to the entire website for at least 3 months from $49.99.
We accept:
This is a one-time payment. There is no automatic renewal.
Linde plc pages available today for free:
Analysis of Debt
Total Debt (Carrying Amount)
Linde plc, balance sheet: debt
US$ in millions
Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
---|---|---|---|---|---|---|
Short-term debt | ||||||
Current portion of long-term debt | ||||||
Long-term debt, excluding current portion | ||||||
Total debt (carrying amount) |
Based on: 10-K (filing date: 2020-03-02), 10-K (filing date: 2019-03-18), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-02-24).
Debt item | Description | The company |
---|---|---|
Total debt (carrying amount) | Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. | Linde plc’s total debt increased from 2017 to 2018 but then slightly decreased from 2018 to 2019. |
Total Debt (Fair Value)
Dec 31, 2019 | |
---|---|
Selected Financial Data (US$ in millions) | |
Short-term debt | |
Long-term debt, including current portion | |
Total debt (fair value) | |
Financial Ratio | |
Debt, fair value to carrying amount ratio |
Based on: 10-K (filing date: 2020-03-02).
Weighted-average Interest Rate on Debt
Weighted-average interest rate on debt:
Interest rate | Debt amount1 | Interest rate × Debt amount | Weighted-average interest rate2 |
---|---|---|---|
Total | |||
Based on: 10-K (filing date: 2020-03-02).
1 US$ in millions
2 Weighted-average interest rate = 100 × ÷ =
Interest Costs Incurred
Linde plc, interest costs incurred
US$ in millions
12 months ended: | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Interest expense, net | |||||||||||
Interest capitalized | |||||||||||
Interest incurred on debt |
Based on: 10-K (filing date: 2020-03-02), 10-K (filing date: 2019-03-18), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-02-24).
Debt item | Description | The company |
---|---|---|
Interest expense, net | Amount of the cost of borrowed funds accounted for as interest expense for debt. | Linde plc’s interest expense, net increased from 2017 to 2018 but then decreased significantly from 2018 to 2019. |
Interest capitalized | Amount of interest costs capitalized disclosed as an adjusting item to interest costs incurred. | Linde plc’s interest capitalized decreased from 2017 to 2018 but then increased from 2018 to 2019 exceeding 2017 level. |
Interest incurred on debt | Total interest costs incurred during the period and either capitalized or charged against earnings. | Linde plc’s interest incurred on debt increased from 2017 to 2018 but then decreased significantly from 2018 to 2019. |
Adjusted Interest Coverage Ratio
Based on: 10-K (filing date: 2020-03-02), 10-K (filing date: 2019-03-18), 10-K (filing date: 2018-02-28), 10-K (filing date: 2017-03-01), 10-K (filing date: 2016-02-24).
2019 Calculations
1 Interest coverage ratio (without capitalized interest) = EBIT ÷ Interest expense
= ÷ =
2 Adjusted interest coverage ratio (with capitalized interest) = EBIT ÷ Interest incurred on debt
= ÷ =
Solvency ratio | Description | The company |
---|---|---|
Adjusted interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments (including capitalized interest). | Linde plc’s adjusted interest coverage ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019. |