Masimo Balance Sheet Health
Financial Health criteria checks 3/6
Masimo has a total shareholder equity of $1.4B and total debt of $876.0M, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are $3.0B and $1.6B respectively. Masimo's EBIT is $142.7M making its interest coverage ratio 3. It has cash and short-term investments of $157.6M.
Key information
64.2%
Debt to equity ratio
US$876.00m
Debt
Interest coverage ratio | 3x |
Cash | US$157.60m |
Equity | US$1.37b |
Total liabilities | US$1.59b |
Total assets | US$2.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: M2AS34's short term assets ($1.2B) exceed its short term liabilities ($504.2M).
Long Term Liabilities: M2AS34's short term assets ($1.2B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: M2AS34's net debt to equity ratio (52.6%) is considered high.
Reducing Debt: M2AS34's debt to equity ratio has increased from 0% to 64.2% over the past 5 years.
Debt Coverage: M2AS34's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: M2AS34's interest payments on its debt are well covered by EBIT (3x coverage).