GE HealthCare Technologies Balance Sheet Health
Financial Health criteria checks 3/6
GE HealthCare Technologies has a total shareholder equity of $7.6B and total debt of $9.3B, which brings its debt-to-equity ratio to 121.8%. Its total assets and total liabilities are $32.2B and $24.6B respectively. GE HealthCare Technologies's EBIT is $2.9B making its interest coverage ratio 5.5. It has cash and short-term investments of $2.6B.
Key information
121.8%
Debt to equity ratio
US$9.26b
Debt
Interest coverage ratio | 5.5x |
Cash | US$2.55b |
Equity | US$7.60b |
Total liabilities | US$24.61b |
Total assets | US$32.21b |
Recent financial health updates
Recent updates
Is GE HealthCare Technologies (NASDAQ:GEHC) A Risky Investment?
May 21GE HealthCare: Too Soon To Buy After A Mixed Q1 (Rating Downgrade)
May 02GE HealthCare Technologies Inc.'s (NASDAQ:GEHC) Intrinsic Value Is Potentially 100% Above Its Share Price
Apr 25GE Vernova: An Interesting Stalwart To Ride The Energy Transition
Apr 02GE HealthCare Technologies: Growth Prospects Remain Encouraging, And Valuation Is Attractive
Mar 25GE HealthCare Technologies' Roar Higher Isn't Over Yet
Mar 09GE HealthCare Technologies: Stable Business, But Future Upside Seems Limited
Feb 14GE HealthCare Q4 Earnings: Growth Lagging The Market
Feb 06Why GE HealthCare May Be Up To 50% Undervalued
Jan 11GE HealthCare Technologies (NASDAQ:GEHC) May Have Issues Allocating Its Capital
Jan 05GE HealthCare Technologies Inc. (NASDAQ:GEHC) Shares Could Be 29% Above Their Intrinsic Value Estimate
Oct 23GE HealthCare Technologies Inc.'s (NASDAQ:GEHC) Intrinsic Value Is Potentially 44% Above Its Share Price
Jun 28Some Confidence Is Lacking In GE HealthCare Technologies Inc.'s (NASDAQ:GEHC) P/E
Apr 17Financial Position Analysis
Short Term Liabilities: GEHC's short term assets ($9.4B) exceed its short term liabilities ($8.9B).
Long Term Liabilities: GEHC's short term assets ($9.4B) do not cover its long term liabilities ($15.8B).
Debt to Equity History and Analysis
Debt Level: GEHC's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: Insufficient data to determine if GEHC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GEHC's debt is well covered by operating cash flow (22.2%).
Interest Coverage: GEHC's interest payments on its debt are well covered by EBIT (5.5x coverage).