Hologic Balance Sheet Health
Financial Health criteria checks 6/6
Hologic has a total shareholder equity of $4.7B and total debt of $2.6B, which brings its debt-to-equity ratio to 55%. Its total assets and total liabilities are $8.5B and $3.8B respectively. Hologic's EBIT is $921.5M making its interest coverage ratio -49. It has cash and short-term investments of $1.9B.
Key information
55.0%
Debt to equity ratio
US$2.56b
Debt
| Interest coverage ratio | -49x |
| Cash | US$1.94b |
| Equity | US$4.65b |
| Total liabilities | US$3.82b |
| Total assets | US$8.47b |
Recent financial health updates
Hologic (NASDAQ:HOLX) Has A Pretty Healthy Balance Sheet
Mar 20
We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Nov 08We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Jul 31We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Apr 25Hologic (NASDAQ:HOLX) Seems To Use Debt Quite Sensibly
Jan 18Hologic (NASDAQ:HOLX) Seems To Use Debt Quite Sensibly
Oct 12Recent updates
Getting In Cheap On Hologic, Inc. (NASDAQ:HOLX) Might Be Difficult
Apr 19Calculating The Intrinsic Value Of Hologic, Inc. (NASDAQ:HOLX)
Apr 05Hologic (NASDAQ:HOLX) Has A Pretty Healthy Balance Sheet
Mar 20Why Hologic, Inc. (NASDAQ:HOLX) Could Be Worth Watching
Feb 22Hologic: Prospects For Growth As Headwinds Disappear
Feb 11We Think You Can Look Beyond Hologic's (NASDAQ:HOLX) Lackluster Earnings
Feb 09Hologic, Inc. Just Beat EPS By 32%: Here's What Analysts Think Will Happen Next
Feb 06We Like These Underlying Return On Capital Trends At Hologic (NASDAQ:HOLX)
Jan 29The Price Is Right For Hologic, Inc. (NASDAQ:HOLX)
Dec 30Are Investors Undervaluing Hologic, Inc. (NASDAQ:HOLX) By 25%?
Dec 11We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Nov 08Should You Think About Buying Hologic, Inc. (NASDAQ:HOLX) Now?
Oct 25Slowing Rates Of Return At Hologic (NASDAQ:HOLX) Leave Little Room For Excitement
Sep 28Hologic, Inc.'s (NASDAQ:HOLX) Intrinsic Value Is Potentially 35% Above Its Share Price
Aug 29We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Jul 31Why Hologic, Inc. (NASDAQ:HOLX) Could Be Worth Watching
Jul 18Return Trends At Hologic (NASDAQ:HOLX) Aren't Appealing
Jun 21Calculating The Fair Value Of Hologic, Inc. (NASDAQ:HOLX)
May 22We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Apr 25What Does Hologic, Inc.'s (NASDAQ:HOLX) Share Price Indicate?
Apr 10Hologic's (NASDAQ:HOLX) Returns On Capital Are Heading Higher
Mar 13Calculating The Fair Value Of Hologic, Inc. (NASDAQ:HOLX)
Feb 14Hologic (NASDAQ:HOLX) Seems To Use Debt Quite Sensibly
Jan 18Is Now The Time To Look At Buying Hologic, Inc. (NASDAQ:HOLX)?
Jan 03Shareholders Would Enjoy A Repeat Of Hologic's (NASDAQ:HOLX) Recent Growth In Returns
Dec 02Hologic (NASDAQ:HOLX) Seems To Use Debt Quite Sensibly
Oct 12Is Hologic, Inc. (NASDAQ:HOLX) Potentially Undervalued?
Sep 27Hologic announces $1B share buyback program
Sep 26We Like Hologic's (NASDAQ:HOLX) Returns And Here's How They're Trending
Aug 27Hologic cut to Neutral at BTIG on macro concerns
Jul 18We Think Hologic (NASDAQ:HOLX) Can Stay On Top Of Its Debt
Jul 11Financial Position Analysis
Short Term Liabilities: HOLX's short term assets ($3.5B) exceed its short term liabilities ($899.0M).
Long Term Liabilities: HOLX's short term assets ($3.5B) exceed its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: HOLX's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: HOLX's debt to equity ratio has reduced from 130.7% to 55% over the past 5 years.
Debt Coverage: HOLX's debt is well covered by operating cash flow (39.8%).
Interest Coverage: HOLX earns more interest than it pays, so coverage of interest payments is not a concern.