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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:28 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Masimo Corporation is covered by 34 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Michael Polark | Baird |
| Ishan Majumdar | Baptista Research |
| Charley Jones | Barrington Research Associates, Inc. |