Stryker Balance Sheet Health
Financial Health criteria checks 4/6
Stryker has a total shareholder equity of $18.6B and total debt of $13.0B, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $39.9B and $21.3B respectively. Stryker's EBIT is $4.2B making its interest coverage ratio 15. It has cash and short-term investments of $3.1B.
Key information
69.9%
Debt to equity ratio
US$13.00b
Debt
Interest coverage ratio | 15x |
Cash | US$3.05b |
Equity | US$18.59b |
Total liabilities | US$21.32b |
Total assets | US$39.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYK's short term assets ($12.5B) exceed its short term liabilities ($7.9B).
Long Term Liabilities: SYK's short term assets ($12.5B) do not cover its long term liabilities ($13.4B).
Debt to Equity History and Analysis
Debt Level: SYK's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: SYK's debt to equity ratio has reduced from 84% to 69.9% over the past 5 years.
Debt Coverage: SYK's debt is well covered by operating cash flow (28.6%).
Interest Coverage: SYK's interest payments on its debt are well covered by EBIT (15x coverage).