Debt & ratings
Net debt at December 31, 2021
The Arkema Group net debt amounted to €1,177m at end December 2021.
Millions of euros | 2021 | 2020 | 2019 |
---|---|---|---|
Net debt |
477 | 1,210 | 1,631 |
Hybrid bonds | 700 | 700 | 700 |
Net debt and hybrid bonds |
1,177 | 1,910 | 2,331 |
EBITDA | 1,727 | 1,182 | 1,457 |
Net debt and hybrid bonds / EBITDA | 0.7 | 1.6 | 1.6 |
Millions of euros | 31 dec. 2019 | 31 dec. 2018 | 31 dec. 2017 |
31 dec. 2016 |
Net debt | 1,631 | 1,006 | 1,056 | 1,482 |
Shareholders’ equity | 5,324 | 5,028 | 4,474 | 4,249 |
Gearing | 31% | 20% | 24% | 35% |
Net debt / EBITDA | 1.1 | 0.7 | 0.8 | 1.2 |
Financing resources
The Arkema Group seeks to limit its exposure to liquidity risk by diversifying its sources of financing while extending their average maturity.
Ratings
Rating agencies | Long-term rating | Outlook | Date |
---|---|---|---|
Standard & Poor’s | BBB+ | Stable outlook | December 10, 2020 |
Moody’s | Baa1 | Stable outlook | January 28, 2022 |
Published documents
Find all the published documents related to bond issues, the EMTN program or the capital increases reserved for employees.