Masimo Balance Sheet Health
Financial Health criteria checks 4/6
Masimo has a total shareholder equity of $1.5B and total debt of $772.6M, which brings its debt-to-equity ratio to 52.8%. Its total assets and total liabilities are $3.1B and $1.6B respectively. Masimo's EBIT is $129.6M making its interest coverage ratio 3. It has cash and short-term investments of $158.5M.
Key information
52.8%
Debt to equity ratio
US$772.60m
Debt
| Interest coverage ratio | 3x |
| Cash | US$158.50m |
| Equity | US$1.46b |
| Total liabilities | US$1.62b |
| Total assets | US$3.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2AS34's short term assets ($1.3B) exceed its short term liabilities ($637.6M).
Long Term Liabilities: M2AS34's short term assets ($1.3B) exceed its long term liabilities ($987.0M).
Debt to Equity History and Analysis
Debt Level: M2AS34's net debt to equity ratio (42%) is considered high.
Reducing Debt: M2AS34's debt to equity ratio has increased from 0% to 52.8% over the past 5 years.
Debt Coverage: M2AS34's debt is well covered by operating cash flow (28.9%).
Interest Coverage: M2AS34's interest payments on its debt are well covered by EBIT (3x coverage).