Becton Dickinson Balance Sheet Health
Financial Health criteria checks 4/6
Becton Dickinson has a total shareholder equity of $25.9B and total debt of $19.3B, which brings its debt-to-equity ratio to 74.7%. Its total assets and total liabilities are $55.6B and $29.7B respectively. Becton Dickinson's EBIT is $2.8B making its interest coverage ratio 7.6. It has cash and short-term investments of $5.3B.
Key information
74.7%
Debt to equity ratio
US$19.32b
Debt
| Interest coverage ratio | 7.6x |
| Cash | US$5.31b |
| Equity | US$25.87b |
| Total liabilities | US$29.71b |
| Total assets | US$55.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BDX's short term assets ($12.2B) exceed its short term liabilities ($6.6B).
Long Term Liabilities: BDX's short term assets ($12.2B) do not cover its long term liabilities ($23.1B).
Debt to Equity History and Analysis
Debt Level: BDX's net debt to equity ratio (54.2%) is considered high.
Reducing Debt: BDX's debt to equity ratio has reduced from 93.9% to 74.7% over the past 5 years.
Debt Coverage: BDX's debt is well covered by operating cash flow (20.4%).
Interest Coverage: BDX's interest payments on its debt are well covered by EBIT (7.6x coverage).