Debt & ratings
Ratios
Net debt at December 31, 2023
The Arkema Group net debt amounted to €2,930 at end December 2023.
| Millions of euros | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
|
Net debt |
2,230 | 1,666 | 477 | 1,210 | 1,631 |
| Hybrid bonds | 700 | 700 | 700 | 700 | 700 |
|
Net debt and hybrid bonds |
2,930 | 2,366 | 1,177 | 1,910 | 2,331 |
| EBITDA | 1,501 | 2,110 | 1,727 | 1,182 | 1,457 |
| Net debt and hybrid bonds / EBITDA | 1.95 | 1.1 | 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+/A-2 | Positive outlook | July 6, 2023 |
| 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.