Teleflex Balance Sheet Health
Financial Health criteria checks 5/6
Teleflex has a total shareholder equity of $4.4B and total debt of $1.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are $7.5B and $3.1B respectively. Teleflex's EBIT is $501.6M making its interest coverage ratio 6.9. It has cash and short-term investments of $239.7M.
Key information
41.6%
Debt to equity ratio
US$1.85b
Debt
Interest coverage ratio | 6.9x |
Cash | US$239.73m |
Equity | US$4.44b |
Total liabilities | US$3.09b |
Total assets | US$7.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T1FX34's short term assets ($1.4B) exceed its short term liabilities ($606.7M).
Long Term Liabilities: T1FX34's short term assets ($1.4B) do not cover its long term liabilities ($2.5B).
Debt to Equity History and Analysis
Debt Level: T1FX34's net debt to equity ratio (36.2%) is considered satisfactory.
Reducing Debt: T1FX34's debt to equity ratio has reduced from 85.3% to 41.6% over the past 5 years.
Debt Coverage: T1FX34's debt is well covered by operating cash flow (27.6%).
Interest Coverage: T1FX34's interest payments on its debt are well covered by EBIT (6.9x coverage).