Becton Dickinson Balance Sheet Health
Financial Health criteria checks 4/6
Becton Dickinson has a total shareholder equity of $25.3B and total debt of $16.1B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are $52.3B and $26.9B respectively. Becton Dickinson's EBIT is $2.6B making its interest coverage ratio 6.8. It has cash and short-term investments of $1.2B.
Key information
63.6%
Debt to equity ratio
US$16.11b
Debt
Interest coverage ratio | 6.8x |
Cash | US$1.18b |
Equity | US$25.33b |
Total liabilities | US$26.94b |
Total assets | US$52.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDX's short term assets ($8.2B) exceed its short term liabilities ($7.5B).
Long Term Liabilities: BDX's short term assets ($8.2B) do not cover its long term liabilities ($19.4B).
Debt to Equity History and Analysis
Debt Level: BDX's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: BDX's debt to equity ratio has reduced from 98.4% to 63.6% over the past 5 years.
Debt Coverage: BDX's debt is well covered by operating cash flow (21.3%).
Interest Coverage: BDX's interest payments on its debt are well covered by EBIT (6.8x coverage).