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)
Monsanto Co., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | Monsanto Co. debt to equity ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | Monsanto Co. debt to capital ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | Monsanto Co. debt to assets ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | Monsanto Co. financial leverage ratio increased from Q4 2017 to Q1 2018 but then decreased significantly from Q1 2018 to Q2 2018. |
| Solvency ratio | Description | The company |
|---|---|---|
| Interest coverage ratio | A solvency ratio calculated as EBIT divided by interest payments. | Monsanto Co. interest coverage ratio improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018. |
Debt to Equity
Monsanto Co., debt to equity calculation (quarterly data)
| Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | Aug 31, 2013 | May 31, 2013 | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 | Feb 29, 2012 | Nov 30, 2011 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Short-term debt, including current portion of long-term debt | 1,212) | 1,168) | 870) | 2,611) | 1,611) | 570) | 1,587) | 2,557) | 1,083) | 1,788) | 615) | 587) | 346) | 636) | 233) | 162) | 104) | 262) | 51) | 169) | 152) | 26) | 36) | 634) | 610) | 522) | ||||||||
| Long-term debt, excluding current portion | 6,635) | 6,949) | 7,254) | 7,246) | 7,560) | 8,047) | 7,453) | 7,948) | 7,945) | 7,939) | 8,429) | 8,396) | 7,894) | 7,529) | 7,528) | 3,049) | 3,051) | 3,057) | 2,061) | 2,054) | 2,054) | 2,054) | 2,038) | 1,538) | 1,538) | 1,542) | ||||||||
| Total debt | 7,847) | 8,117) | 8,124) | 9,857) | 9,171) | 8,617) | 9,040) | 10,505) | 9,028) | 9,727) | 9,044) | 8,983) | 8,240) | 8,165) | 7,761) | 3,211) | 3,155) | 3,319) | 2,112) | 2,223) | 2,206) | 2,080) | 2,074) | 2,172) | 2,148) | 2,064) | ||||||||
| Total Monsanto Company shareowners’ equity | 7,754) | 6,601) | 6,438) | 6,532) | 5,540) | 4,402) | 4,534) | 5,110) | 4,152) | 3,559) | 6,990) | 8,338) | 7,659) | 7,410) | 7,875) | 14,662) | 13,678) | 12,572) | 12,559) | 13,869) | 13,240) | 12,259) | 11,833) | 12,077) | 11,994) | 11,041) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to equity1 | 1.01 | 1.23 | 1.26 | 1.51 | 1.66 | 1.96 | 1.99 | 2.06 | 2.17 | 2.73 | 1.29 | 1.08 | 1.08 | 1.10 | 0.99 | 0.22 | 0.23 | 0.26 | 0.17 | 0.16 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.19 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | ||||||||||||||||||||||||||||||||||
| Deckers Outdoor Corp. | 0.17 | 0.04 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| lululemon athletica inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Nike Inc. | 0.40 | 0.32 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
1 Q2 2018 Calculation
Debt to equity = Total debt ÷ Total Monsanto Company shareowners’ equity
= 7,847 ÷ 7,754 = 1.01
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. | Monsanto Co. debt to equity ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Capital
Monsanto Co., debt to capital calculation (quarterly data)
| Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | Aug 31, 2013 | May 31, 2013 | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 | Feb 29, 2012 | Nov 30, 2011 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Short-term debt, including current portion of long-term debt | 1,212) | 1,168) | 870) | 2,611) | 1,611) | 570) | 1,587) | 2,557) | 1,083) | 1,788) | 615) | 587) | 346) | 636) | 233) | 162) | 104) | 262) | 51) | 169) | 152) | 26) | 36) | 634) | 610) | 522) | ||||||||
| Long-term debt, excluding current portion | 6,635) | 6,949) | 7,254) | 7,246) | 7,560) | 8,047) | 7,453) | 7,948) | 7,945) | 7,939) | 8,429) | 8,396) | 7,894) | 7,529) | 7,528) | 3,049) | 3,051) | 3,057) | 2,061) | 2,054) | 2,054) | 2,054) | 2,038) | 1,538) | 1,538) | 1,542) | ||||||||
| Total debt | 7,847) | 8,117) | 8,124) | 9,857) | 9,171) | 8,617) | 9,040) | 10,505) | 9,028) | 9,727) | 9,044) | 8,983) | 8,240) | 8,165) | 7,761) | 3,211) | 3,155) | 3,319) | 2,112) | 2,223) | 2,206) | 2,080) | 2,074) | 2,172) | 2,148) | 2,064) | ||||||||
| Total Monsanto Company shareowners’ equity | 7,754) | 6,601) | 6,438) | 6,532) | 5,540) | 4,402) | 4,534) | 5,110) | 4,152) | 3,559) | 6,990) | 8,338) | 7,659) | 7,410) | 7,875) | 14,662) | 13,678) | 12,572) | 12,559) | 13,869) | 13,240) | 12,259) | 11,833) | 12,077) | 11,994) | 11,041) | ||||||||
| Total capital | 15,601) | 14,718) | 14,562) | 16,389) | 14,711) | 13,019) | 13,574) | 15,615) | 13,180) | 13,286) | 16,034) | 17,321) | 15,899) | 15,575) | 15,636) | 17,873) | 16,833) | 15,891) | 14,671) | 16,092) | 15,446) | 14,339) | 13,907) | 14,249) | 14,142) | 13,105) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to capital1 | 0.50 | 0.55 | 0.56 | 0.60 | 0.62 | 0.66 | 0.67 | 0.67 | 0.68 | 0.73 | 0.56 | 0.52 | 0.52 | 0.52 | 0.50 | 0.18 | 0.19 | 0.21 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | ||||||||||||||||||||||||||||||||||
| Deckers Outdoor Corp. | 0.15 | 0.03 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| lululemon athletica inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Nike Inc. | 0.29 | 0.24 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
1 Q2 2018 Calculation
Debt to capital = Total debt ÷ Total capital
= 7,847 ÷ 15,601 = 0.50
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. | Monsanto Co. debt to capital ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Debt to Assets
Monsanto Co., debt to assets calculation (quarterly data)
| Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | Aug 31, 2013 | May 31, 2013 | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 | Feb 29, 2012 | Nov 30, 2011 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Short-term debt, including current portion of long-term debt | 1,212) | 1,168) | 870) | 2,611) | 1,611) | 570) | 1,587) | 2,557) | 1,083) | 1,788) | 615) | 587) | 346) | 636) | 233) | 162) | 104) | 262) | 51) | 169) | 152) | 26) | 36) | 634) | 610) | 522) | ||||||||
| Long-term debt, excluding current portion | 6,635) | 6,949) | 7,254) | 7,246) | 7,560) | 8,047) | 7,453) | 7,948) | 7,945) | 7,939) | 8,429) | 8,396) | 7,894) | 7,529) | 7,528) | 3,049) | 3,051) | 3,057) | 2,061) | 2,054) | 2,054) | 2,054) | 2,038) | 1,538) | 1,538) | 1,542) | ||||||||
| Total debt | 7,847) | 8,117) | 8,124) | 9,857) | 9,171) | 8,617) | 9,040) | 10,505) | 9,028) | 9,727) | 9,044) | 8,983) | 8,240) | 8,165) | 7,761) | 3,211) | 3,155) | 3,319) | 2,112) | 2,223) | 2,206) | 2,080) | 2,074) | 2,172) | 2,148) | 2,064) | ||||||||
| Total assets | 22,687) | 23,136) | 21,333) | 21,758) | 21,373) | 20,959) | 19,736) | 20,328) | 19,413) | 21,446) | 21,920) | 22,259) | 22,402) | 23,374) | 21,981) | 23,281) | 23,457) | 24,077) | 20,664) | 21,679) | 22,079) | 22,537) | 20,224) | 19,984) | 20,721) | 20,423) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Debt to assets1 | 0.35 | 0.35 | 0.38 | 0.45 | 0.43 | 0.41 | 0.46 | 0.52 | 0.47 | 0.45 | 0.41 | 0.40 | 0.37 | 0.35 | 0.35 | 0.14 | 0.13 | 0.14 | 0.10 | 0.10 | 0.10 | 0.09 | 0.10 | 0.11 | 0.10 | 0.10 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | ||||||||||||||||||||||||||||||||||
| Deckers Outdoor Corp. | 0.11 | 0.03 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| lululemon athletica inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Nike Inc. | 0.20 | 0.16 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
1 Q2 2018 Calculation
Debt to assets = Total debt ÷ Total assets
= 7,847 ÷ 22,687 = 0.35
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. | Monsanto Co. debt to assets ratio improved from Q4 2017 to Q1 2018 and from Q1 2018 to Q2 2018. |
Financial Leverage
Monsanto Co., financial leverage calculation (quarterly data)
| Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | Aug 31, 2013 | May 31, 2013 | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 | Feb 29, 2012 | Nov 30, 2011 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Total assets | 22,687) | 23,136) | 21,333) | 21,758) | 21,373) | 20,959) | 19,736) | 20,328) | 19,413) | 21,446) | 21,920) | 22,259) | 22,402) | 23,374) | 21,981) | 23,281) | 23,457) | 24,077) | 20,664) | 21,679) | 22,079) | 22,537) | 20,224) | 19,984) | 20,721) | 20,423) | ||||||||
| Total Monsanto Company shareowners’ equity | 7,754) | 6,601) | 6,438) | 6,532) | 5,540) | 4,402) | 4,534) | 5,110) | 4,152) | 3,559) | 6,990) | 8,338) | 7,659) | 7,410) | 7,875) | 14,662) | 13,678) | 12,572) | 12,559) | 13,869) | 13,240) | 12,259) | 11,833) | 12,077) | 11,994) | 11,041) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Financial leverage1 | 2.93 | 3.50 | 3.31 | 3.33 | 3.86 | 4.76 | 4.35 | 3.98 | 4.68 | 6.03 | 3.14 | 2.67 | 2.92 | 3.15 | 2.79 | 1.59 | 1.71 | 1.92 | 1.65 | 1.56 | 1.67 | 1.84 | 1.71 | 1.65 | 1.73 | 1.85 | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | ||||||||||||||||||||||||||||||||||
| Deckers Outdoor Corp. | 1.57 | 1.39 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| lululemon athletica inc. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
| Nike Inc. | 2.05 | 1.97 | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
1 Q2 2018 Calculation
Financial leverage = Total assets ÷ Total Monsanto Company shareowners’ equity
= 22,687 ÷ 7,754 = 2.93
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. | Monsanto Co. financial leverage ratio increased from Q4 2017 to Q1 2018 but then decreased significantly from Q1 2018 to Q2 2018. |
Interest Coverage
Monsanto Co., interest coverage calculation (quarterly data)
| Feb 28, 2018 | Nov 30, 2017 | Aug 31, 2017 | May 31, 2017 | Feb 28, 2017 | Nov 30, 2016 | Aug 31, 2016 | May 31, 2016 | Feb 29, 2016 | Nov 30, 2015 | Aug 31, 2015 | May 31, 2015 | Feb 28, 2015 | Nov 30, 2014 | Aug 31, 2014 | May 31, 2014 | Feb 28, 2014 | Nov 30, 2013 | Aug 31, 2013 | May 31, 2013 | Feb 28, 2013 | Nov 30, 2012 | Aug 31, 2012 | May 31, 2012 | Feb 29, 2012 | Nov 30, 2011 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | ||||||||||||||||||||||||||||||||||
| Net income (loss) attributable to Monsanto Company | 1,459) | 169) | 20) | 843) | 1,368) | 29) | (191) | 717) | 1,063) | (253) | (495) | 1,141) | 1,425) | 243) | (156) | 858) | 1,670) | 368) | (249) | 909) | 1,483) | 339) | (229) | 937) | 1,211) | 126) | ||||||||
| Add: Net income attributable to noncontrolling interest | 1) | 2) | 5) | 4) | (2) | 6) | (14) | (2) | (3) | (4) | 3) | 14) | (6) | —) | (7) | 22) | 2) | 5) | 10) | 23) | —) | 10) | 10) | 29) | 1) | 8) | ||||||||
| Less: Income (loss) from discontinued operations | 2) | 1) | —) | —) | 3) | 10) | 2) | —) | 3) | 12) | 5) | —) | 7) | 16) | —) | —) | 4) | 9) | —) | —) | 4) | 7) | 1) | (2) | 7) | —) | ||||||||
| Add: Income tax expense | 381) | 60) | (170) | 230) | 505) | 61) | (1) | 483) | 350) | (137) | (187) | 401) | 550) | 100) | (87) | 341) | 672) | 152) | (102) | 292) | 603) | 122) | (70) | 361) | 540) | 70) | ||||||||
| Add: Interest expense | 105) | 124) | 114) | 100) | 102) | 136) | 104) | 100) | 103) | 129) | 130) | 96) | 92) | 115) | 113) | 42) | 40) | 53) | 49) | 37) | 35) | 51) | 52) | 39) | 47) | 53) | ||||||||
| Earnings before interest and tax (EBIT) | 1,944) | 354) | (31) | 1,177) | 1,970) | 222) | (104) | 1,298) | 1,510) | (277) | (554) | 1,652) | 2,054) | 442) | (137) | 1,263) | 2,380) | 569) | (292) | 1,261) | 2,117) | 515) | (238) | 1,368) | 1,792) | 257) | ||||||||
| Solvency Ratio | ||||||||||||||||||||||||||||||||||
| Interest coverage1 | 7.77 | 7.89 | 7.38 | 7.39 | 7.66 | 6.60 | 5.57 | 4.28 | 5.09 | 6.43 | 8.30 | 9.64 | 10.01 | 12.74 | 16.43 | 21.30 | 21.89 | 21.01 | 20.94 | 20.89 | 21.25 | 18.19 | 16.64 | — | — | — | ||||||||
| Benchmarks | ||||||||||||||||||||||||||||||||||
| Interest Coverage, Competitors2 | ||||||||||||||||||||||||||||||||||
| Deckers Outdoor Corp. | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | ||||||||
Based on: 10-Q (reporting date: 2018-02-28), 10-Q (reporting date: 2017-11-30), 10-K (reporting date: 2017-08-31), 10-Q (reporting date: 2017-05-31), 10-Q (reporting date: 2017-02-28), 10-Q (reporting date: 2016-11-30), 10-K (reporting date: 2016-08-31), 10-Q (reporting date: 2016-05-31), 10-Q (reporting date: 2016-02-29), 10-Q (reporting date: 2015-11-30), 10-K (reporting date: 2015-08-31), 10-Q (reporting date: 2015-05-31), 10-Q (reporting date: 2015-02-28), 10-Q (reporting date: 2014-11-30), 10-K (reporting date: 2014-08-31), 10-Q (reporting date: 2014-05-31), 10-Q (reporting date: 2014-02-28), 10-Q (reporting date: 2013-11-30), 10-K (reporting date: 2013-08-31), 10-Q (reporting date: 2013-05-31), 10-Q (reporting date: 2013-02-28), 10-Q (reporting date: 2012-11-30), 10-K (reporting date: 2012-08-31), 10-Q (reporting date: 2012-05-31), 10-Q (reporting date: 2012-02-29), 10-Q (reporting date: 2011-11-30).
1 Q2 2018 Calculation
Interest coverage
= (EBITQ2 2018
+ EBITQ1 2018
+ EBITQ4 2017
+ EBITQ3 2017)
÷ (Interest expenseQ2 2018
+ Interest expenseQ1 2018
+ Interest expenseQ4 2017
+ Interest expenseQ3 2017)
= (1,944 + 354 + -31 + 1,177)
÷ (105 + 124 + 114 + 100)
= 7.77
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. | Monsanto Co. interest coverage ratio improved from Q4 2017 to Q1 2018 but then slightly deteriorated from Q1 2018 to Q2 2018. |